Tax authorities determine tax rates for short term property rentals

This is also the focus of the Tax Bureau, in order for the state to be able to collect from the property owners, who provide tourist accommodation via Airbnb. The latter, depending on the revenue they receive, will be asked to put their hand deep into their pockets.

According to the data, there are 50,000 properties that were recently declared in the electronic register of the Independent Public Revenue Authority and are expected to be accountable to tax authorities.

The coefficients

15% for income up to € 12,000.
35% for income from 12.001 to 35 000 and
45% for income from 35.001 euros and above.

If other services other than the provision of bed linen (eg cleaning services, food supply, etc.) are provided, the income is considered as income from individual business activity and is taxed as follows:

For income up to € 20,000 a rate of 22% is applied.
For the income from 20.001 to 30 000 a rate of 29% is applied.
For the income from 30.001 to 40 000, a rate of 37% is applied
A rate of 45% shall apply to income for € 40.001 and above.

If the income exceeds € 12,000, then a special solidarity levy is required at tiered rates from 2.2% to 10%.