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Airbnb to pay €576m to tax authorities in Italy
Reading Time: 3 minutesItaly: Airbnb has agreed to pay €576 million [$621 million] to tax authorities in Italy, bringing a long-running dispute to an end.
Stricter taxation measures get Senate approval in France
Reading Time: 2 minutesFrance: The French Senate has approved measures to implement tougher taxation on short-term rental platforms such as Airbnb in order to address a perceived “distortion of competition” compared to the country’s hotel sector.
Canada introduces tax measures to ease housing shortage
Reading Time: 2 minutesCanada: Lawmakers in Canada have agreed to impose new measures that limit income tax deductions on short-term rentals booked through platforms such as Airbnb and Vrbo, in a bid to ease the country’s affordable housing shortage.
HMRC targets short-term rental hosts in tightened tax crackdown
Reading Time: 3 minutesUK: Airbnb hosts suspected of not declaring their rental earnings are facing a potential 20-year tax investigation from His Majesty’s Revenue & Customs [HMRC] that covers six years of income information, as part of a wider crackdown on the sector’s activities by the UK tac authority.
HMRC targets holiday let owners in UK tax crackdown
Reading Time: 2 minutesUK: His Majesty’s Revenue & Customs [HMRC] is continuing its crackdown on short-term rental property owners who it suspects have not paid enough tax.
Airbnb to provide tax information to Italian authorities under CJEU ruling
Reading Time: 3 minutesBelgium / Italy: The Court of Justice of the European Union [CJEU] has ruled that Airbnb must pass on information regarding its rental contracts and share 21 per cent of the rental income with tax authorities in Italy.
UK tax authorities set to investigate executives on foreign ‘workcations’
Reading Time: 2 minutesUK: Executives working from holiday homes abroad on post-pandemic ‘workcations’ are set to come under investigation by tax authorities in the UK ahead of a possible tightening of tax laws affecting remote workers.
HMRC adds £1.8m to Airbnb UK tax bill
Reading Time: 2 minutesUK: The UK branch of Airbnb has been served an additional £1.8 million tax bill after an investigation from Her Majesty’s Revenue & Customs [ HMRC ] into its 2019 profits. The company confirmed it had paid the bill in addition to the £1.1 million of annual corporate tax it had already handed over. Airbnb’s tax […]
Indian e-commerce tax set to affect online platforms
Reading Time: 2 minutesIndia: An amended finance bill, passed in parliament on Monday, may increase prices for Indian users of major e-commerce platforms. The bill, which comes into effect on 1 April, adds a two per cent equalisation levy on any foreign companies making digital sales. Notable firms which will be hit include Netflix, Booking.com and Airbnb. The […]
Greek tax body sets February rental tax deadline
Reading Time: < 1 minuteGreece: As one of Europe’s largest holiday destinations, Greece is announcing new tax deadlines overseeing short-term lets. Operators have until the end of the week to declare properties being used as short-term rentals, with penalties costing from 5,000 to 30,000 euros. The government announced its intention to tighten measures against short-term rentals in Autumn, primarily […]