As of September 1st, the National Identification Code (Cin) for short-term rental properties has entered its second phase, following a trial period that facilitated regional compliance.
This code is designed to track approximately 500, 000 short-term rentals, enabling effective oversight by the tax authorities and financial police.
The Cin must be visibly displayed inside the property and on the building exterior, and it is required in all online rental advertisements.
Property owners who fail to comply face fines up to 8, 000 euros.
This regulatory change also impacts major rental platforms, which are advising property owners to update their listings accordingly.
Airbnb specifies that the Cin should be entered in the 'Registration Number' field under terms and compliance, while Booking.com requires it in the 'License Number' section, accompanied by a 'Know Your Partner' form, in line with the EU's Dac7 directive mandating annual data reporting from 2023.
Non-compliance will result in listing removal, highlighting the critical nature of accurate listing information, including the Cin.
Platforms disclaim responsibility for verifying listing accuracy, citing their inability to ensure the correctness of information provided by property owners.
However, a 2021 ruling by the Modena Court suggests that platforms should verify the minimum requirements of advertised properties, referencing professional diligence standards in the Civil Code.
This ongoing debate is particularly relevant with the new Cin requirement.