Noose Tightens Around the AIRBNB


Since the start of Airbnb, he has been subjected to fierce criticism of short-term homeowners, sometimes the negative impact on the real estate market, sometimes their questionable taxation circulates questions about Airbnb’s operation. Recently, this industry is facing more and more resistance at a global level.

When Airbnb started, it was more about that people give one room of their own home through the service, but over the years, the industry has increasingly shifted to total apartment letting. This means that more and more apartments fall out of the real estate market. In large cities where there are problems of housing anyways, the city's leadership is particularly opposed to total apartment lettings, while the simpler room rentals are not very disturbing.

In Denmark, it is possible now to provide Airbnb with automatic tax returns to the tax authorities so that the data reveal how many days a given accommodation was booked and how much revenue was reported to the owner. The new agreement closes the loophole that has allowed reservists to tax their income on a voluntary basis to the tax authorities.

The short-term housing can also get into a difficult situation in Germany if the German tax office, in the current investigations, proves that many people have not paid taxes on income from their homes. If a person is found to be a tax evader, he has to pay 6 percent interest and extra penalties per year for the last ten years.

Norway has also reached a tightening pace, as it would limit the duration of short-term housing spending to 9 days in Oslo and the surrounding area. "Housing costs cause neighbors stress, greater noise, and greater misuse of community spaces or parking spaces", explains the Norwegian government's new draft policy.

In Spain, regulations have already been introduced to date, such as in Barcelona, for example. However, in Palma City, it will not be possible to meet short-term housing expenditures in July, as the mayor of the city says the interest of the public so wishes. Local people complain about noise and the unworthy behavior of tourists.

In the case of Hungary, the European Court of Justice has given National Tax and Customs Administration the right to declare the tax burden which is the most burdensome for taxpayers who are taxed in the absence of such notification and for collecting their revenues from these activities. This may affect a significant part of Airbnb's homeowners in the future. Further tightening is expected if it is accepted that owners of Airbnb have to transfer to the online cashier.

Several other big cities have already introduced limitations or restrictions. In addition to these countries, Mallorca, Barcelona, Amsterdam, Berlin, Paris, and Brussels have also turned against the services of Airbnb, and the line can continue for a long time. Airbnb seems superfluous on its own, and if it does not find a solution to the ringing problem soon, it may be in a difficult situation at a global level.


Image: Airbnb around the world, (The tale of curiosity)


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