Airbnb Settles Italian Tax Probe for $620 Million
Skift Take
Online travel agencies have been sued for occupancy taxes since 2004, before Airbnb's founding. Two decades later, the issue is ongoing around the world.
Airbnb settled a tax dispute with Italy for around $620 million (576 million euros), the company said Wednesday.
The agreement between subsidiary Airbnb Ireland and the Italian Revenue Agency covers the 2017-2021 tax years, and includes taxes, interest and pen
