Authorities in Italy have been ordered by a judge to seize £675m (€779.5m) from Airbnb after the San Francisco-based company allegedly failed to pay taxes for four years.
Airbnb had failed to withhold 21 per cent of rental income from landlords and remit it to Italian tax authorities from 2017-21, said the Milan prosecutor’s office on Monday. This was mandated by a 2017 law, prosecutors said.
