Nov 7, 2023

Italy to seize $835m from Airbnb in tax evasion inquiry

An Italian judge has ordered the seizure of €779.5m from short-term rental giant Airbnb, over alleged tax evasion. Airbnb spokesperson Christopher Nutly said the firm's European headquarters had been working to resolve the matter with the Italian tax agency since June. In 2022, Airbnb challenged the Italian law requiring the company and other short-term rental providers to withhold 21% of the rental income from landlords and pay it to tax authorities. In recent years, Italian authorities have increased scrutiny of the tax practices of major companies like Airbnb, which has been operating in the country since 2008. Last month, Italian politicians said they planned to crackdown on landlords who did not pay taxes on short-term rentals through platforms like Airbnb.

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