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Bruno Lemaire wants to reform "the very favorable taxation" of Airbnb type rentals

2023-06-09T14:52:33.856Z

Highlights: Furnished tourist accommodation benefit from a flat-rate allowance of 71%, much more than conventional furnished apartments and empty rentals. A cross-party bill to regulate furnished rentals has been postponed indefinitely when it was supposed to be examined in mid-June. Prime Minister Elisabeth Borne, however, announced a review of the taxation of rentals, hoping that this "complex" project leads "in the next draft finance law" According to Airbnb France, hundreds of thousands of French people rent accommodation on Airbnb, for a median income of 3,800 euros per year.


These furnished tourist accommodation benefit from a flat-rate allowance of 71%, much more than conventional furnished apartments and empty rentals. U


The uberization of the economy has also arisen from tax advantages, often to the detriment of the more traditional market. The Minister of the Economy Bruno Lemaire said Friday "favorable" to a reform of the very advantageous taxation of furnished tourist type Airbnb, judging the windfall effects "too important", while these rentals are accused of aggravating the poor housing on the territory.

"On Airbnb, we have already tackled it, we have reduced the duration to 120 days," said Friday Bruno Lemaire on RMC / BFMTV, referring to the maximum rental period allowed for main residences. "What questions me is that we keep a favorable tax for Airbnb. I am open to a reform of the taxation on Airbnb so that it is equivalent to that of other homes."

"We will reform this taxation"

Rental companies of classified furnished tourist accommodation (from 1 to 5 stars) now benefit from a flat-rate allowance of 71% up to 176,200 euros in revenue, compared to 50% for classic furnished accommodation, and 30% for empty rentals within the limit of 15,000 euros in rent. "We will work, make proposals to the Prime Minister and the President of the Republic, but I find it difficult to understand the very favorable taxation that applies today to Airbnb," the minister said.

"We will reform this taxation. The only question is that of justice: from the moment there are too great windfall effects, too favorable taxation, there is no reason to keep this taxation that leads to excesses, "he added. A cross-party bill to regulate furnished rentals has been postponed indefinitely when it was supposed to be examined in mid-June in the National Assembly. Among other things, it aimed to tighten the scale of tax allowances granted in the case of rental of furnished tourist accommodation, taking into account certain special cases such as mountain resorts.

Read alsoAirbnb: in Paris, renting your room or apartment brought in twice as much in 2022

During the conclusions Monday of the housing component of the National Council of the refoundation, Prime Minister Elisabeth Borne, however, announced a review of the taxation of rentals, hoping that this "complex" project leads "in the next draft finance law". According to Airbnb France, hundreds of thousands of French people rent accommodation on Airbnb, for a median income of 3,800 euros per year.

Source: leparis

All business articles on 2023-06-09

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