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Airbnb agrees to pay €576 million to settle a tax dispute in Italy

The San Francisco-based company said it was working on introducing new tools for hosts

The conservative government led by Giorgia Meloni has pledged to crack down on tax evasion related to short-term rentals and aims to raise the tax rate for owners from 21% to 26%

Short-term rental platform Airbnb has agreed to pay €576 million (£494.7 million) to settle a years-long dispute over unpaid taxes in Italy but said it will not try to recover the money from its hosts.

In November, Italian prosecutors said AirBnb owed about €779 million (£669 million) in short-term rental taxes it had failed to pay on behalf of Italian landlords who used the platform between 2017 and 2021.

The San Francisco-based company said in ...