Airbnb and other short-term apartment rental, tax evasion has risen to a new level. The year before last these rental income remained unannounced seven million. Last year, the number had risen to over fifteen million.
the taxman has been through the landlord of the payment traffic to and locate it there about nine thousand of short-term accommodation, that is, in practice, especially for Airbnb-the lessee. The number is about the same as a year ago. Instead, the income of non-notified number has grown to hundreds of persons.
Last year the rental income failed to inform the 2400 lessee, but last year the number was already 3000. The rental income should pay taxes on capital income.
Short-term accommodation means the rental of the particular AirBnB service.Mikko Airikka / Yle
the tax administration’s corporate taxation unit chief superintendent Timo Puiro according to the part of the tax of foul play is unintentional and due to ignorance. But part of the rent of the authors deliberately seeks to increase its win by leaving rental income unreported.
we’ve been tracking this for a number of years and began it seems that the renters take the risk and leave income unreported, Puiro said.
Taxes vältelle in the ranks of the is and small – that high-income earners. About half of the tax found 8 800 lessee does not actually own the real estate.
the tax administration inspector general Timo puiro, according to the professional short-term accommodation business profits seeking to raise taxes by avoiding. Laura Railamaa / Yle
They live maybe rent and get revenue from short-term renting in order to cover living expenses. It can be students or persons whose life is very mobile, and want to avoid your apartment empty use, Puiro tell.
Always income forgetting, however, is not just a mere indiscretion. Puiro know that there are also high-income housing investors.
some Of them have been in the past the traditional landlords. Short term rental may have been a move to better the return of hope.
– Maybe it is thought that the risk of getting caught is small, Puiro’s guess.
Irs ruthless weapon: mass information request
Puiro lead to the digital economy of risk management to tax administration. His group will receive from the banks and payment service providers if they want information on all the sources of future cash flow. Data can be “mass”, i.e. the biggest as a whole, where the tax is not required to advance to name who persons information, you it from banks or other payment intermediaries wants.
the sheer traffic monitoring in addition, also carried out a qualitative analysis. It can be concluded that systematic action has been. It, in turn, affect the follow-up.
that’s what then becomes a tax increase, and may have criminal liability, if it is a deliberate action.
Puiro, according to the unreported income can be collected several million euros in back tax.
– Tax he has good visibility to what and how much income is left unreported, Puiro design is.
the virtual currency already 50 000 Finnish
Apartment short-term rental a greater challenge to the tax are virtuaallinen currency. The tax assessment is that bitcoin, ethereumia and other virtual currencies already owns 50 000 finns. Many of the holdings are very small, but not all.
Mikko Airikka / Yle
2018 bitcoin’s value plummeted (you move to another service) to a fraction of and also it obtained sales revenue fell significantly. Bitcoin’s value is also reflected in the other virtual currencies.
the value of the collapse despite the variety of virtual currency earned in Finland was 112 million euro. A year earlier realisointeja was still clearly more, of 157 million euros.
on Average, one sale last year was more than eur 25 000, but a total profit of only one-third were reported to the irs.
the input data is the irs challenging, as the virtual currency trade is done in euro terms, most foreign trading venues. The Finnish authorities do not get their information directly, but have to resort to “different sources of information combining”.
– Is required to study, how much does a sales to win different people is formed, Puiro granted.
E-sports in the profits seem to fall
Airbnb type of accommodation and virtual currencies in addition to the tax of the loop under taken the group are e-athletes.
Puiro, according to e-sports incomes have fallen, and last year they had 54 so a few people less than a year earlier. Dota 2-a game of Finland has been obtained up to the world championship.
Mikko Airikka / Yle
the tax administration according to the total Finland accumulated e-the players ‘ revenue of two million euros, i.e. almost one third less than in the previous year.
the Tax according to the analysis of income was filed about a third unannounced.
E-sports is still a rising phenomenon, but the revenue decrease at least in the Finnish e-sports lovers might tell you that the species of the become tougher competition take the profits elsewhere or that the profits leave the entry without adjusting the estimated more.
Hope the mass of data also limits guarantee
the irs welcomes the opportunity to get the country information payments even though can’t even name the persons to which the information relates.
in the Digital world, money moves, however gracefully across borders and therefore it is hoped that the Finnish presidency of the EU will be forward a proposal, which the EU-countries bank would give national tax for information on cross-border money transport. Finland, too, the data would then connect through the system without separate requests.
– Finnish tax powers do not extend abroad and now have to settle with the Finnish paying agent’s knowledge, the inspector general Puiro said.
Read more:
the irs sees everything: Uber, Airbnb and other sharing economy rocketing – 2 400 dwelling “in the short-term lessee,” forget to declare the income
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