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Undeclared Airbnb Income: What You Should Do Now

Updated: Jun 12

As a specialist lawyer in tax law with many years of experience, both as a managing director of several tax consulting firms and in tax criminal law, I would like to inform you about an important and current topic: the non-declaration of Airbnb income and the possible consequences.



The Tax Office Has Access to Airbnb Data


In recent years, the tax office has increasingly gained access to Airbnb data, reaching back several years. This means that income earned from renting through Airbnb, which was not properly declared, can now be discovered. If you have not declared your Airbnb income so far, this could lead to significant problems.


Response of the Tax Office


There are essentially two ways the tax office can respond:

  1. Request for Subsequent Declaration: In many cases, taxpayers first receive a request from the tax office to declare their Airbnb income retroactively. This gives you the opportunity to correct your tax return and make any necessary payments.

  2. Initiation of Criminal Proceedings: In more serious cases, the tax office may already initiate criminal proceedings for tax evasion. This happens especially if there is suspicion that income was deliberately concealed.


Taxation of Airbnb Income


Income from renting through Airbnb is subject to income tax. Here is some basic information on taxation:

  1. Income and Expenses: The income from renting must be reported in the tax return. However, expenses related to the rental can be deducted from this income. These include, for example, costs for cleaning, repairs, depreciation on the property, and interest on loans.

  2. Value-Added Tax (VAT): VAT may be due if a certain turnover threshold is exceeded. It is important to keep this in mind and either take advantage of the small business regulation or register for VAT.


What to Do in Case of a Request or Criminal Proceedings?


If you receive a request to declare your Airbnb income or if criminal proceedings are initiated, quick and deliberate action is required. Here are some steps you should take:

  1. Gather Documentation: Collect all relevant documents and receipts related to your Airbnb income and associated expenses.

  2. Seek Tax Advice: Immediately consult a specialized lawyer or tax advisor to analyze your situation and plan the best steps.

I am here to assist you and support you with my many years of experience. I have successfully handled numerous cases and can help you correct your tax returns and minimize any legal consequences.


Conclusion


The non-declaration of Airbnb income can have serious consequences. If you are affected, do not hesitate to seek professional help. A timely and correct subsequent declaration can help you avoid potential criminal proceedings and put your tax affairs in order.

Please feel free to contact me to discuss your individual situation and plan the next steps. Together, we will find the best solution for your tax challenges.

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