ADE: In the microscope tenants via Airbnb and Booking for “black money”

In the “microscope” of auditors of the Independent Public Revenue Authority ( ) will be found in the following days short-term leases of real estate and hotel and tourist accommodation operating through . Despite the measures of the ADE to limit the phenomenon “black money” continues to circulate widely in short-term leases, while large deviations are found between bookings and declared revenue and accommodation rentals via Booking, according to the ertnews. The cross-breeding programme will start immediately with the help of the new digital unit, which also uses artificial intelligence. Checks on real estate leases will utilize algorithms and applications of artificial intelligence, combining and cross-checking all sources of tax and other data. These are the details of the properties declared on Taxisnet, last year’s income (printed in the 2024) tax returns, bank accounts movements and credit cards of property owners. According to the ADE project, checks will focus on: In undeclared properties: The data declared in the tax returns will be cross-referenced with the information communicated to AADE by short-term lease companies such as Airbnb, Booking.com, VRBO. As part of the agreement signed with Airbnb, Booking.com and Expedia Group/VRBO platforms, ASE has already received all the rental details for 2023. Thus, the control mechanism, having full insight into the type and surface of the properties leased, as well as the amount of revenue collected by managers, will begin the crossings. The aim is to identify cases of non-declaration of real estate on the Register or false declarations on property data and lease duration. To Entrepreneurs Airbnb: The special team of AADE will carry out a number of cross-checks between the owners’ VAT numbers, the Property Identity Numbers and the records of short-term real estate rental platforms. The aim is to identify those who rent more than two properties with short-term rental and have not converted their VAT into a professional. In practice, about 7,500 taxpayers with three or more properties will enter the “microscope”. It will be checked whether they have started business and paid insurance contributions from this year, trade and VAT charge from the first property. Next year they will be taxed on the basis of the minimum presumed income applicable to freelancers and not on the scale of rents, as is the case for natural persons. Those who have not already done so will receive a warning email from ADE. Hotels – rooms via Booking: Crossbreeds of declared gross hotel revenue have started with revenue data from their transactions with the Booking platform for the tax year 2022. Checkers are already targeting hotels, which are being investigated in terms of declared completeness and overnight prices, based on data appearing on Booking.com. The aim is to determine whether the amounts declared correspond to reality and whether taxes are paid on the basis of these figures.