Italy to raise taxes for flat owners doing multiple short-term rentals
ROME - Italy's government plans to hike taxes on short-term rentals by people letting out more than one flat, a draft of the 2024 budget seen by Reuters showed on Saturday.
Italian legislation allows owners to rent out their apartments and pay a tax rate of 21% on earnings. However, the government has scaled back its initial plans as previous drafts reported by Reuters envisaged increased taxation also applying to short-term rentals of single apartments.
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