Deadline Approaches for Short Term Rental Data Updates
Property owners using short term rental platforms have until the end of February to finalize their 2025 income information in the Short Term Rental Registry of the Independent Authority for Public Revenue. The data submitted will determine the tax they will need to pay for the current year.
Need for Accurate Income Verification
Owners and managers must review the revenue recorded from short term rentals during 2025 and correct any mistakes or missing information. Failure to finalize these details may lead to taxation on 100 percent of the declared income even if it has not actually been received.
Ability to Correct Mistakes Without Penalties
Administrators may adjust incorrect entries without penalties and without altering the Property Registry Number. They can also update details such as other beneficiaries and income percentages. The finalized data will be used to calculate taxes and guide tax audit mechanisms that aim to identify individuals who have not declared their rental earnings.
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Penalties for Violations in Short Term Rental Operations
Fines for owners and managers operating through short term rental platforms include the following
For failing to register a property in the Short Term Stay Registry an annual fine equal to 50 percent of gross income for that tax year is imposed with a minimum of 5000 euros. In case of repeated violation within 1 year the fine is doubled.
For failing to submit or submitting inaccurate Short Term Stay Declarations the fine equals double the stated rental amount as shown on the platform. For late submissions a fixed administrative fine of 100 euros applies.
