Hi All. I recently started listing my apartment in North Goa...
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Hi All. I recently started listing my apartment in North Goa on Airbnb. A lawyer helped my to obtain the tourism license and ...
Latest reply
Dear all, im struggling to find an answer for my situation, wonder if anyone knows.
Im from Portugal and have a decent airbnb profile.
I have an opportunity to list few apartments from an owner in Germany on my profile.
He want that i will do everything like talking to guests, manage the calander and so on in return for 20% routing payments from the income (will be automatically through airbnb platform)
My question, if im getting 20% of the income to my bank in Portugal, but the property is in Germany. Where (as a co-host) should pay & declare the tax?
I assume that city tax should be declared by the owner to the German authorities but what else should we/I consider?
Hope you can enlighten me with some info.
Many thanks in advance for your help!
Answered! Go to Top Answer
@Guy247 I believe the tax should be paid in Germany and the income also declared in Portugal. Then a tax credit should be applied to your Portuguese tax account so you are not taxed twice. If I were you I would get good German and Portuguese tax accountanst to do your returns in the first year and then go it alone after that. I assume you also have earnings in one or both of these countries which will complicate matters.
@Guy247 I believe the tax should be paid in Germany and the income also declared in Portugal. Then a tax credit should be applied to your Portuguese tax account so you are not taxed twice. If I were you I would get good German and Portuguese tax accountanst to do your returns in the first year and then go it alone after that. I assume you also have earnings in one or both of these countries which will complicate matters.