The Limited Times

Now you can see non-English news...

Taxation of furnished accommodation: why the real regime remains unbeatable

2024-03-28T06:27:23.827Z

Highlights: Taxation of furnished accommodation: why the real regime remains unbeatable. The reform of seasonal rentals carried out by the finance law for 2024. When adopting the text in article 49.3, the government mistakenly retained - according to its terms - an amendment which upsets the rules for taxing unclassified furnished tourist accommodation (Airbnb type) Rents from furnished rentals, which are considered a commercial activity by the tax administration, are taxed as industrial and commercial profits (BIC) Depending on the level of rent received, landlords are either taxed at the micro-BIC, like microentrepreneurs, with a flat-rate deduction which covers all their expenses.


OUR ADVICE - Taxation remains unchanged for furnished rental companies taxed under the real regime. They can continue to evade taxes, completely legally.


If there is one thing that is not simple, it is the taxation of furnished accommodation. It reached an unprecedented level of complexity this year with the reform of seasonal rentals carried out by the finance law for 2024. The result of a failure. When adopting the text in article 49.3, the government mistakenly retained - according to its terms - an amendment which upsets the rules for taxing unclassified furnished tourist accommodation (Airbnb type). Rents from furnished rentals, which are considered a commercial activity by the tax administration, are taxed as industrial and commercial profits (BIC). Depending on the level of rent received, landlords are either taxed at the micro-BIC, like microentrepreneurs, with a flat-rate deduction which covers all their expenses, or taxed at a real tax regime, like entrepreneurs.

However, the finance law for 2024 has decreased to only €15,000, for unclassified short-term rentals, the threshold of…

This article is reserved for subscribers. You have 81% left to discover.

Flash sale

€4.49/month for 12 months

I ENJOY IT

Already subscribed? Log in

Source: lefigaro

All business articles on 2024-03-28

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.