Greek inspectors pose as clients to combat “Airbnb”-type tax evasion

19 July 2018
592 Views

The Greek authorities are trying to battle tax evasion said to be rampant among the thousands of owners of Airbnb-type properties.

Lacking a mechanism to monitor the short-term leasing of lodgings, inspectors have been doing random checks with the aim of identifying taxpayers that do not declare their extra income.

Greek media report that tax officers go undercover posing as guests-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.

The finance ministry announced earlier in the week that a new electronic platform for Airbnb-type properties will come online in July.

Owners leasing property in Greece on a short-term basis will be required to register via the e-platform, subsequently filing particulars of each lease contract they sign.

The government has warned that severe penalties will be imposed on people who are caught trying to circumvent tax on Airbnb-type properties.

Revenue from the leasing of real estate in Greece is taxed from between 15 to a whopping 45 percent, depending on the overall income of the taxpayer declaring the income.

Source: Greek Reporter

You may be interested

Teleworking in Greece extended until December 31st
GREECE
shares14 views
GREECE
shares14 views

Teleworking in Greece extended until December 31st

Panos - Nov 30, 2020

Teleworking for businesses able to implement distance working due to Covid-19 has been extended until December 31st, Greek authorities have decided. The…

PM Mitsotakis: Covid-19 vaccine free for the public
GREECE
shares26 views
GREECE
shares26 views

PM Mitsotakis: Covid-19 vaccine free for the public

Panos - Nov 30, 2020

Prime Minister Kyriakos Mitsotakis said that the Covid-19 vaccine would be given to the public free of charge during his…

Impressive joint Geek-Egyptian navy exercise sends message (photos)
GREECE
shares25 views
GREECE
shares25 views

Impressive joint Geek-Egyptian navy exercise sends message (photos)

Panos - Nov 30, 2020

The Greek and Egyptian navies conducted joint exercises on Saturday in the wider sea area south of Karpathos. The PASSEX…

Leave a Comment

Your email address will not be published.