This is far more than the turnover indicated by tax returns submitted to Hungary’s National Tax and Customs Authority (NAV), the chairman of NAV told MTI.

Tax data from Ireland requested by NAV show Hungarian homeowners contracted with Airbnb used the service on 120,000 occasions, András Tállai said.

Almost 4,500 Hungarians use the service for homestays at their properties, he added. NAV’s staff has been instructed to offer support to Hungarian Airbnb hosts on correcting their tax returns rather than immediately applying sanctions, he said.

Republished with permission of Hungary Matters, MTI’s daily newsletter.