On December 13, without admitting any liability, Airbnb Ireland signed an agreement with the Italian Revenue Agency in settlement of the audited periods for an aggregate payment of 576M euros. Such agreement settles the withholding on host income tax obligations of Airbnb Ireland, including taxes, interest and penalties, for the audited periods. The settlement does not include any tax withholding assessments for 2022 and 2023, which amounts could be material, Airbnb said in a regulatory filing. The company does not intend to recover any tax withholdings from the impacted hosts for the audited periods although it intends to obtain information regarding hosts’ taxes already paid for 2022 and 2023.
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