Skip to content
technology260ZiarulBusinessRentalsRomaniaFiscalIndustryFinance

Widespread non-adherence to tax regulations detected among Airbnb service providers in Romania

Airbnb and Booking rental income sources unveiled by Romania's tax authority (ANAF), totalling approximately 260 million Romanian Leus (EUR 52.3 million) across the 2023-2024 period. ANAF highlights that merely 20% of the 22,000 identified property renters have reported their earnings correctly.

Widespread non-adherence to tax regulations detected among Airbnb service providers in Romania

Rewritten Article:

Say goodbye to sneaky tax dodgers, folks! It turns out that Romania's tax collectors, the notorious ANAF, have got some serious plans up their sleeves. They've been keeping a keen eye on those nifty Airbnb and Booking rentals, and they've unearthed a staggering 22,000 individuals who have been raking in some big bucks without declaring their income. All in all, these tax-evading buccaneers have collectively pocketed around RON 260 million (that's about EUR 52.3 million for us foreigners) over the years 2023 and 2024. Shocking, right? Well, only 20% of these bozos have been honest enough to declare their earnings and cough up the taxes they owe. Good job, ANAF!

But where did ANAF score this intel? That'd be a little something called European regulations. Booking platforms are legally bound to hand over such info, and ANAF has been busy going through it all to make sure those tax-dodging freeloaders pay up.

Brace yourselves for the swooping ANAF notices! Property owners who've failed to declare their rental income during the fiscal years 2023 and 2024 are in for a rude awakening. ANAF is currently sending notifications straight to their doorsteps, informing them of their fiscal follies – and demanding prompt action to rectify them.

This revelation sheds some disturbing light on the stunningly large number of unregistered short-term rentals plaguing Romania. In 2024, according to the Ministry of Economy, there were roughly 13,500 registered accommodation units in the country, comprising of around 4,400 apartments and private rooms available for rent. But it seems that ANAF's investigation suggests a hefty slice of the market is operating way outside the legal corridors. Don't let those folks get away with it!

So, big shout-out to ANAF for getting those dirty, tax-evading hands off the innocent wallets of law-abiding Romanians. Stay tuned for more updates on this affair, folks!

Remember, if you're interested in delving deeper into the lucrative world of undeclared short-term rentals, you'll likely need to touch base with local tax authorities or Rumania-specific short-term rental market reports. It's worth noting that the scarcity of data on this matter doesn't necessarily mean that the issue isn't prevalent. Evasion of taxes on short-term rentals is a global concern, after all!

  1. The Romanian tax authority, ANAF, discovered that approximately 22,000 individuals who own Airbnb and Booking rentals in Romania have been earning substantial income without declaring it, accumulating around RON 260 million (EUR 52.3 million) from 2023 to 2024.
  2. The European regulations compel booking platforms to disclose relevant information, which allowed ANAF to identify these tax-evading individuals.
  3. Property owners who failed to declare their rental income during the fiscal years 2023 and 2024 are now receiving notifications from ANAF, asking them to rectify their fiscal mistakes promptly.
  4. The Ministry of Economy's data indicates that there were only around 13,500 registered accommodation units in Romania in 2024, but ANAF's investigation uncovered a significant portion of the market operating outside the legal framework.
Airbnb and Booking rental earnings discovered by Romania's tax collection body: Over 22,000 individuals yielded a collective RON 260 million (EUR 52.3 million) from 2023 to 2024. Ziarul Financiar published this information. ANAF revealed that just 20% of these earnings were declared to the authorities.

Read also:

    Latest