OrbitaxOrbitax

Italian Revenue Agency Going After Airbnb for EUR 500 Million in Unpaid Taxes

|Approved Changes|Italy
Italy

The Italian Revenue Agency has reportedly launched a tax evasion investigation against Airbnb, seeking approximately EUR 500 million in unpaid taxes. The case has been launched in relation to Italy's tax regime for short-term rentals, which was introduced with effect from 1 June 2017. Under the regime, income from short-term rentals is subject to tax at a flat rate of 21%. In the case of profes…

Continue Reading