As previously informed, tax authority has been again checking on taxpayers who provide accommodation services through Airbnb.
The tax office obtains information on the income of taxpayers doing business through electronic platforms (such as Airbnb) and thus has the data to verify whether or not the taxpayer has fulfilled the tax obligations compared to the filed tax return.
If you are providing accommodation services, be aware of your obligations! Please find below a short summary of them.
In case of any questions or need of assistance, do not hesitate to reach out.
Main tax and related obligations:
- Trade licence – accommodation services are considered a trade
- Business income – accommodation services are considered business income and shall be taxed as such. Therefore, they are also subject to social security and health insurance payments
- VAT registration – commissions to Airbnb are considered payment for services to a company registered in another EU member state, as such at least light VAT registration (as an identified person) is necessary and VAT should be calculated and paid from these commissions in the CR