Parliament moving to regulate online short-term rentals

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Parliament moving to regulate online short-term...
 © In-Cyprus 2018
 

A bill which will regulate the uncontrolled online rental of  short-term accommodation moved a step closer to a vote in the plenary after yesterday’s discussion in the House Commerce Committee.

It suggests that owners of properties on websites such as airbnb and booking.com, register their accommodation on a special register and those that have an income of more than €15,600 pay taxes.

The bill was drafted by DISY MP Averof Neofytou and EDEK MP Elias Myrianthous.

At the moment, there are an estimated 40,000 properties on online booking sites in...


This article was automatically added to our system 12-9-2018

Parliament moving to regulate online short-term rentals


The contents of this article including any associated images are © In-Cyprus 2018
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Article Tags: parliament, moving, regulate, online, short, rentals,

 

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