Brussels is working on regulations that should introduce mandatory registration of premises intended for the so-called. short term rental. The new rules will hit those who do not pay taxes for renting an apartment.
The European Parliament and the European Commission are working on regulations that should introduce mandatory registration of owners of premises intended for the so-called. short term rental.
New short term rental
– EU rules should exclude short-term rentals in the black, i.e. without taxes – emphasizes Dr. Ewa Kichmakhovska, an expert at the Kozminski University.
According to the expert, the regulation prepared by Brussels is a response to numerous complaints from local authorities and communities about the uncontrolled development of the housing market for tourists, which led, among other things, to an increase in real estate prices (for example, in Amsterdam, the number of short-term rental offers for vacation time increased from 4.5 thousand in 2013 to 22 thousand in 2017).
– At present, in many cities, in the most attractive tourist areas, an ordinary family does not have a chance to rent an apartment to live in, because the so-called short-term rental rates have increased several times – explains Kichmakhovskaya.
The expert also notes that the growing market for renting entire apartments (with kitchens and full equipment) proves that this form is more suitable for some tourists than, for example, hotels or guesthouses offering only rooms or meals.
Who will be affected by the changes?
As mentioned, the new rules are meant to eliminate profits from short-term rentals. This means that the rules will affect those who do not pay taxes on renting premises. – If their business plan suggested that they would act illegally, they should reconsider that plan – emphasizes the Kozminsky University expert, adding that “there is always the possibility of redirecting to a long-term lease.”
Tax legislation suggests that short-term rental of real estate in Poland is subject to personal income tax (PIT) or corporate income tax (CIT), depending on the form of business.
If the property is rented from time to time and does not exceed the annual limit of 20,000 euros, the owner can receive income as an individual and taxes will be collected by the platform on which his property is provided, or he must settle his tax income. myself.
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