Italy launches $550 million Airbnb case – media ...News

Economy by : (Russia Today) -
Authorities reportedly want to claim taxes on rentals which the platform failed to pay Italian authorities have accused US-based online accommodation booking firm Airbnb of not paying roughly €500 million ($547 million) in taxes, national news outlet Il Sole 24 Ore reported on Friday. A probe has been launched by Italy’s Revenue Agency (Agenzia delle Entrate), a government body that enforces financial laws and collects taxes, according to the outlet. Italian legislation governing short-term rental platforms states that professional landlords that lease accommodation must pay a 21% flat-rate tax on income they rec

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