Vrbo

The supply of data to tax authorities from digital platforms on the sale of goods and services has already been implemented in Greece in recent years.

A significant increase in the supply of short-term rental accommodation was recorded ahead of the peak summer tourist season, which already bodes well for 2023.

According to data presented by AirDNA, based on bookings made through the Airbnb and VRBO platforms up to early June, demand growth for the May-October period is forecast to exceed 42%.

Pressure is mounting on short-term rental hosts, as the tax administration and the big three platforms (Airbnb Ireland UC, Booking.com BV, and VRBO Expedia Group Vacation Rentals Ireland Limited) near the conclusion of a new protocol cooperation that will lead to identifying those who avoid declaring the incomes they receive.

The Independent Public Revenue Authority (AADE) has identified more than 73,000 property managers and owners who are active in short-term rentals who had "forgotten" to declare income of 102 million euros in 2022.