First each individual need to comply with his fiscal residence tax rules and after that if it's a vat case you add your vat, else you add your fiscal id if necessary for booking records.
Case 1: under many fiscal jurisdictions individuals renting one to few rooms or having an income under a specific threshold need no company, no vat. You simply pay an tax per annum on this activity and you are not even allowed to get a vat because it doesn t apply for you under those specific fiscal rules
Case 2: if you are a professional renter, having a company managing multiple properties and if you don't have a vat yet, indeed in that case you have to update for vat
That's correct, for each individual it applys the tax laws ( for toursim in this case - where they have the residence. Booking is mixing the Vat Eu thing with Eu tax number reporting.
Basically they are required ( also other financial applications I use and showed some examples requested the same ) as per EU to keep on file your TIN, CIF or whichever fiscal number you have in your fiscal residence. I'm sure they will get more clear on this.
In order for Booking to remain compliant with data reporting regulations as other financial applications I underlined above, each partner is responsible for meeting his local fiscal residence requirements regarding tourist taxes.
For Booking you just need each partner tax identification number based on each ones fiscal residence rules. It's not only bout Vat.
Most of the financial applications including Revolut, Monesse etc and now Booking...need to include the financial residence and a tax identification number to comply with the new regulations as I saw in the recent email received from booking. Also Revoult asked me same thing couple of months ago.
Booking simply need to have on file CIFs, NIFs, VATs etc ( tax identification numbers ) for each type of private hosts ( non professionals ), professional hosts etc, according also to each local financial legislation where each partner has the fiscal residence.
TIN numbers ( tax identification number ) for reporting purposes are in different forms based on your fiscal residence and local legislation. In the Financial section on booking you should have different options ssuch as CIF ( fiscal identification code ) , NIF ( fiscal identification number ) etc VAT is mostly used by companies with higher money flows, the personal identification numbers are for private persons.
In Romania for example where is my fiscal residence, starting with January, 2021 every private person renting between 1 to 5 rooms for tourists mandatory pay a fixed tax as specified by each local city per year, by May, 25th next year you need to complete an online unique form number 212 and use your CIF ( fiscal identification code ) which is a 13 digits number that can be found on your identity card, for example 1800923225818. VAT is for other business conditions.
Most of the financial applications including Revolut, Monesse etc and now Booking...need to include the financial residence and a tax identification number to comply with the new regulations as I saw in the recent email received from booking. Also Revoult asked me same thing couple of months ago.
TIN numbers ( tax identification number ) for reporting purposes are in different forms based on your fiscal residence and local legislation. In the Financial section on booking you should have different options ssuch as CIF ( fiscal identification code ) , NIF ( fiscal identification number ) etc VAT is mostly used by companies with higher money flows, the personal identification numbers are for private persons.
In Romania for example where is my residence, starting with January, 2021 every private person renting between 1 to 5 rooms for tourists mandatory pay a fixed tax as specified by each local city per year, by May, 25th next year you need to complete an online unique form number 212 and use your CIF ( fiscal identification code ) which is a 13 digits number that can be found on your identity card, for example 1800923225818. VAT is for other business conditions.
I recently had a similar experience. An anonymous guest gave me a 2.5 score for all aspects that booking allow guests to rate such as : internet speed, cleanliness, location etc which is impossible since I had only 8-10 ratings.
Big companies such Amazon delete such ratings for a product if they find it unjustified after a short investigation.
Also the reviews should be reciprocal. Hosts should be allowed to review guests as guests can review hosts. As for now I don't know who I m hosting.
First each individual need to comply with his fiscal residence tax rules and after that if it's a vat case you add your vat, else you add your fiscal id if necessary for booking records.
Case 1: under many fiscal jurisdictions individuals renting one to few rooms or having an income under a specific threshold need no company, no vat. You simply pay an tax per annum on this activity and you are not even allowed to get a vat because it doesn t apply for you under those specific fiscal rules
Case 2: if you are a professional renter, having a company managing multiple properties and if you don't have a vat yet, indeed in that case you have to update for vat
That's correct, for each individual it applys the tax laws ( for toursim in this case - where they have the residence. Booking is mixing the Vat Eu thing with Eu tax number reporting.
Basically they are required ( also other financial applications I use and showed some examples requested the same ) as per EU to keep on file your TIN, CIF or whichever fiscal number you have in your fiscal residence. I'm sure they will get more clear on this.
In order for Booking to remain compliant with data reporting regulations as other financial applications I underlined above, each partner is responsible for meeting his local fiscal residence requirements regarding tourist taxes.
For Booking you just need each partner tax identification number based on each ones fiscal residence rules. It's not only bout Vat.
Most of the financial applications including Revolut, Monesse etc and now Booking...need to include the financial residence and a tax identification number to comply with the new regulations as I saw in the recent email received from booking. Also Revoult asked me same thing couple of months ago.
Booking simply need to have on file CIFs, NIFs, VATs etc ( tax identification numbers ) for each type of private hosts ( non professionals ), professional hosts etc, according also to each local financial legislation where each partner has the fiscal residence.
TIN numbers ( tax identification number ) for reporting purposes are in different forms based on your fiscal residence and local legislation. In the Financial section on booking you should have different options ssuch as CIF ( fiscal identification code ) , NIF ( fiscal identification number ) etc VAT is mostly used by companies with higher money flows, the personal identification numbers are for private persons.
In Romania for example where is my fiscal residence, starting with January, 2021 every private person renting between 1 to 5 rooms for tourists mandatory pay a fixed tax as specified by each local city per year, by May, 25th next year you need to complete an online unique form number 212 and use your CIF ( fiscal identification code ) which is a 13 digits number that can be found on your identity card, for example 1800923225818. VAT is for other business conditions.
Most of the financial applications including Revolut, Monesse etc and now Booking...need to include the financial residence and a tax identification number to comply with the new regulations as I saw in the recent email received from booking. Also Revoult asked me same thing couple of months ago.
TIN numbers ( tax identification number ) for reporting purposes are in different forms based on your fiscal residence and local legislation. In the Financial section on booking you should have different options ssuch as CIF ( fiscal identification code ) , NIF ( fiscal identification number ) etc VAT is mostly used by companies with higher money flows, the personal identification numbers are for private persons.
In Romania for example where is my residence, starting with January, 2021 every private person renting between 1 to 5 rooms for tourists mandatory pay a fixed tax as specified by each local city per year, by May, 25th next year you need to complete an online unique form number 212 and use your CIF ( fiscal identification code ) which is a 13 digits number that can be found on your identity card, for example 1800923225818. VAT is for other business conditions.
I recently had a similar experience. An anonymous guest gave me a 2.5 score for all aspects that booking allow guests to rate such as : internet speed, cleanliness, location etc which is impossible since I had only 8-10 ratings.
Big companies such Amazon delete such ratings for a product if they find it unjustified after a short investigation.
Also the reviews should be reciprocal. Hosts should be allowed to review guests as guests can review hosts. As for now I don't know who I m hosting.