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DSG – in the pipeline

~ Dennis' latest work assembled here

DSG – in the pipeline

Monthly Archives: May 2018

“Disneyfication” pushing Amsterdam towards ban on Local Lodging

28 Monday May 2018

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amsterdam, control, cruise, disney, local lodging, segway, tourism

Banning short-lived Airbnb accommodation in bustling areas, diverting cruise ships from the centre, boosting the tourist tax to almost double, and even limiting “fun” activities such as boating or Segway tours are just a few of the measures that are on the table to control tourism in Amsterdam.

Airbnb to report homeowners’ income directly to tax authorities in Denmark

28 Monday May 2018

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airbnb, denmark, house price, income, report

Danish tax minister, Karsten Lauritzen, announced that the country wants a “sharing economy” to flourish, but on condition that operators pay tax. Denmark will also limit property listings to 70 nights a year. Owners can benefit from a tax-free allowance of up to €5,400 per annum. In addition to tax issues, Airbnb is blamed for pushing up house prices in major cities.

Investors propose lowering of IRS on 5-year rental contracts

28 Monday May 2018

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appiiirs, contract, market, portugal, rental

Worried and even frightened by suggested new policies that the Government is creating for the rental market, APPII recommends dropping the “IRS” tax rate on 5-year contracts, rather than 10 or 20 years, as has been proposed. The association president considers the shorter period to be more realistic in achieving the goal of stimulating the rental market.

Finland tears up Double Tax Convention with Portugal

28 Monday May 2018

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2019, double taxation treaty, dtt, finland, nhr, portugal

The Finnish Parliament has approved the termination of the tax treaty between Finland and Portugal which prevented Finnish tax authorities from assessing pensioners who have non-habitual residence (NHR) status in Portugal. Finnish tax subcommittee chairman, Esko Kiviranta, still expects the two countries to ratify a new agreement by 1 January 2019. “In this way, we will avoid a situation where there is no tax treaty between Finland and Portugal. This is still possible if Portugal finalises the approval process and notifies Finland by 1 December 2018.”

According to Chairman Esko Kiviranta, the impact of the end of the agreement on pension revenues is expected to be between three and six million euros per year based on the 2016 data. In 2017, 500 Finnish pensioners benefitted from the zero tax rate on their retirement benefits under NHR.

Finland and Spain approve new Double Taxation Agreement

28 Monday May 2018

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dtt#new, finland, income, pension, spain

Finland and Spain have signed a new tax treaty which will broaden the Finnish Government’s right to levy pension income. The new accord comes into effect on 01 January 2019. Under the previous tax treaty, pension income paid to residents of Spain was only taxable in Finland in the case of public sector pensions. The revised treaty will allow Finland to levy all pensions paid from Finland to residents of Spain, including private pensions.

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