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Airbnb is ordered to return over $800 million by the Italian authorities over alleged tax evasions. Italian tax authorities are set to seize €779 million ($836 million) from the short-term rental platform Airbnb over alleged tax evasion.
Prosecutors say the firm failed to collect a 21% tax from landlords on rental income.
Airbnb Inc (NASDAQ:ABNB) has been told to hand over almost €800 million to Italian tax authorities for alleged tax evasion. Reports say a judge in Milan...