The Tax Office has sent out a final notice to taxpayers managing short-term property leases via Airbnb, informing them that the deadline for the finalisation of declaring financial data in the “Short-Term Real Estate Registry” ends of February 28.
The Independent Authority for Public Revenue (IAPR) sent an e-mail informing the recipients-real estate owners that in the event they do not finalise the data they have already registered in the “Short-Term Real Estate Register” their current data appearing in the registry will be deemed final by tax authorities and they will incur the tax burden on 100% of the amount showing.