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Tue, Feb

AADE Targets Airbnb Rentals with Audits and Fines

Hellenic Shipping News

Greece’s Independent Authority for Public Revenue (AADE) plans a series of

Greece’s Independent Authority for Public Revenue (AADE) plans a series of electronic cross-checks on the rental income from short-term rentals, such as Airbnb, using the information that Greek taxpayers will report in their tax returns this year.

Taxpayers who have listed their properties on short-term rental platforms have until February 28, 2025, to finalize the details of their rentals and income for 2024 in the AADE Registry. The data reported on the electronic platform will determine the taxable income and the final tax they will be required to pay.

Property owners and managers must check the accuracy of the data for their properties and income for 2024, which is available to the Authority, by the end of the month and correct any errors or omissions.

Taxpayers who fail to finalize their short-term rental declarations for 2024 in the AADE Registry risk being taxed on 100% of the income reported in the initial declarations, even if they have not received the payments.

Cross-checks will be carried out using the data that the tax Authority has received from platforms like Airbnb, Booking.com, and VRBO.

In cases of unregistered properties to the “Short-Term Rental Property Registry,” or properties listed on digital platforms without clearly displaying the

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