Regional News

In Punta del Este, Uruguay the DGI will now control major property rental apps

By Editor 0 Comments NEWS, Regional News

The General Tax Directorate (DGI) of Uruguay has decided for the first time to supervise two powerful apps for temporary rentals and hotel rooms, a decision that was celebrated by the Maldonado Real Estate Association as a result of the rent competition "In Black".

The initiative against irregular rentals already has an official office with more than 50 agents who also scan the offer of houses or apartments through social networks.

As officially clarified, the fines will be as much for those who rent as for landlords.

The controversy is because renting through these apps is cheaper as it is not within a regulated system.

In addition to the fact that the Uruguayan State does not earn a peso with an informal rent - the IRPF (Income Tax) is not received from the owner, of 10.5%, nor the VAT of the commission, of 8% - from the Chamber they clarify that "the tricky intermediaries or the porters who do it" imply that, for example, the tourist arrives at a house "that does not match the photos. He does not have what he really paid for. And nobody can help you. We saw this with a person from Paraguay, a real estate pseudo, who systematically deceived them and the police ended up detaining them in their country".

The above article was written and published in Spanish and has been translated into English. Click here to read the original article.

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