Airbnb agrees to pay $621 million to settle a tax dispute in Italy

[admin]

ROME (AP) — Short-term rental platform Airbnb has agreed to pay 576 million euros ($621 million) to settle a years-long dispute over unpaid taxes in Italy but said it won’t try to recover the money from its hosts. In November, Italian prosecutors said AirBnb owed about 779 million euros ($840 million) in short-term rental taxes it had failed to pay on behalf of Italian landlords who used the platform between 2017 and 2021. The San Francisco-based company said in a statement on Wednesday that it