The Israeli Tax Authority (ITA) recently announced, during a
discussion of the parliamentary committee, that it is about to
publish a tax circular regarding renting apartments for a
short periods of time, including through Internet platforms such as
Airbnb.
According to recently released data, In 2015 about 128,000
tourists visiting Israel rented apartments through Airbnb. This
represents an increase of 45% compared to 2014, as well as an
increase of 40% in the number of Israelis who offer their
apartments for rent through Airbnb, which is now over 13,000.
Renting apartments on a platform such as Airbnb raises a number
of legal questions, and it has a lot of gray areas. If we add to
that the silence of the legislature and the tax authorities, it is
a magic recipe for not reporting and evading taxes.
