Short-term housing rental companies in Greece agree with the government

Greece
Wed, 20 Sep 2023 12:12 GMT
Greece's Independent Authority for Public Revenue (AADE) has signed a co-operation agreement with short-term rental providers Airbnb, Booking.com and Expedia Group/VRBO in an effort to ensure transparency and address tax evasion,
Short-term housing rental companies in Greece agree with the government

The memorandum of understanding signed with representatives of three short-term rental operators comes a few days after Prime Minister Kyriakos Mitsotakis announced that Airbnb-style rental income will be taxed from January 2024.

It is stated that the signed agreement will increase the revenue from the system of short-term rental companies tenfold.

Airbnb and other companies operating in this field agreed in 2021 to comply with Greek law and to register rental properties in the short-term rental register.

Last year, Airbnb also informed property owners who rent out their properties in Greece on a short-term basis that their 2018-2019 information would be sent to the Greek tax authorities for taxation purposes.

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