ROME, Nov 7 — Italy’s financial guard seized €779 million (RM3.88 billion) from Airbnb Ireland Unlimited Company, the owner of the short-term rental service, in a case of tax evasion in Italy, Sputnik quoted Italian media reports yesterday.
Three people who were part of Airbnb management from 2017 to 2021 were also involved in the investigation, the Corriere della Sera newspaper reported.
The confiscation followed an order from the EU Court of Justice and the Italian Council of State, the report added.
— Bernama
