AndronETalksNews
AndronETalksNews
BBC News
By Annabelle Liang
November 7, 2023
An Italian judge has ordered the seizure of €779.5m ($835.5m; £676.8m) from short-term rental giant Airbnb, over alleged tax evasion.
Prosecutors say the firm failed to collect a tax from landlords on around €3.7bn of rental income.
Landlords in Italy are required to pay a 21% tax on their earnings.
Airbnb told the BBC that it was “surprised and disappointed at the action announced by the Italian public prosecutor”.
Airbnb spokesperson Christopher Nutly said the firm’s European headquarters had been working to resolve the matter with the Italian tax agency since June.
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