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Italian Prosecutor's Office Orders Seizure of EUR 779.5 Million from Airbnb for Unpaid Flat Tax on Short-Term Rentals

|Approved Changes|Italy
Italy

On 6 November 2023, the Milan prosecutor's office for tax offenses ordered the seizure of EUR 779.5 million from Airbnb's headquarters in Ireland for unpaid taxes. The order follows a tax investigation into Airbnb for tax evasion. As previously reported, the investigation was 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 …

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