French politicians have passed a law limiting the ability to rent properties on Airbnb for short-term lets. It addresses a tax loophole, reduces tax relief, and introduces a registration system. The European Union is also working on harmonized regulations.
French politicians have passed a law limiting the ability to rent properties on Airbnb for short-term lets.
The legislation has cross-party support and aims to better regulate tourist accommodations, addressing a tax loophole benefiting short-term rental platforms.
The reform reduces tax relief on income from such rentals to 30% from 71%.
It also promises a registration number system, empowering local councils to control housing developments.
Although the debate saw some opposition, it passed and is expected to take effect by early autumn.
European cities like Amsterdam, Berlin, and Barcelona already enforce strict rules on Airbnb rentals, and the European Union is working on harmonized regulations to ensure transparency and promote sustainable tourism.
The Airbnb government of France and Belgium supports the initiative.