Tax evasion? 780 million euros confiscated from AirBnB

2023-11-06 21:11:00

“The accommodation broker failed to transfer part of the income of Italian landlords directly to the local tax authorities as required,” the Milan public prosecutor’s office said on Monday. The company might not initially be reached for comment.

AirBnB had sued in vain once morest the Italian law that came into force in 2017. The European Court of Justice ruled in favor of the Italian state last December. The current government wants to increase the tax on short-term rentals to 26 percent from the current 21 percent.

Also read: Every fifth tourist overnight stay in the EU via Airbnb & Co

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