Dado Ruvic/ReutersAirbnb on Wednesday announced it had agreed to pay Italian authorities $621 million to end a long-running dispute in which the vacation rental platform was accused of not paying enough tax. The payment to the Italian Revenue Agency is actually lower than what local authorities had ordered last month, when a judge said around $840 million should be seized from the company’s European headquarters in Ireland over alleged tax evasion. Italian prosecutors had argued that Airbnb fail
Airbnb agrees €576m deal in Italy tax dispute
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