Hungarian Tax Authority Warns Airbnb Hosts

  • 16 Jan 2017 8:00 AM
Hungarian Tax Authority Warns Airbnb Hosts
The Hungarian tax authority NAV has received data from Airbnb on the amount of income Hungarians have received from letting their homes to visitors through the online rental service.

NAV leader András Tállai said Airbnb hosts can pay taxes on their undeclared income without penalties.

Revenue from Airbnb letting in Hungary reached Ft 6 billion in 2015, more than indicated by the tax declarations, Tállai highlighted.

Hosts now have an opportunity to adjust their tax payments before the NAV starts to investigate them, he warned.

An estimated 4,500 Hungarian Airbnb hosts let out their apartments on 120,000 occasions in 2015.

Source: Hungary Around the Clock

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