Italy’s Finance Police is seizing about €779 million ($835 million) from the home-sharing company Airbnb Inc. after it allegedly failed to pay some taxes.
Airbnb didn’t pay Italy the 21% withholding taxes owed on about €3.7 billion of rental revenue, according to a statement Monday from Milan Tribunal prosecutors. Three people who worked for the San Francisco-based company during that time are under investigation, the statement added.
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