Short-term rental platform Airbnb has agreed to pay 576 million euros ($621 million) to settle a years-long dispute over unpaid taxes in Italy but said it won’t try to recover the money from its hosts.
In November, Italian prosecutors said AirBnb owed about 779 million euros ($840 million) in short-term rental taxes it had failed to pay on behalf of Italian landlords who used the platform between 2017 and 2021.
