Cross-checking Airbnb takings

The Greek tax mechanism has planned random checks with the aim of identifying taxpayers with revenues from short-term property rentals through online platforms. Due its current inability to cross-check the data, the tax officers will go undercover posing as guest-clients in a bid to establish whether revenues are declared.

At this stage the inspections are relying on the money deposited through websites such as Airbnb, Booking.com, HomeAway etc. Once the online platform of the Independent Authority for Public Revenue is activated, it will check whether the amounts that ought to be declared are compatible with the deposits. In cases of discrepancies fines can reach up to 5,000 euros. All contracts signed after January 1, 2018 will have to be declared.

According to Deputy Finance Minister Katerina Papanatsiou, the platform of the Short Stay Property Register will open in...

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