(Reuters) – Vacation rental platform Airbnb said on Wednesday it will pay 576 million euros ($620.58 million) to the Italian Revenue Agency to settle outstanding host income tax obligations for the 2017-2021 tax years.
Airbnb Ireland did not admit any liability as part of the agreement, which did not include assessments for 2022 and 2023, Airbnb said in a regulatory filing.
Last month, a judge in Italy ordered the seizure of 779.5 million euros from Airbnb’s European headquarters in Ireland for alleged tax evasion.
($1 = 0.9282 euros)
(Reporting by Abhijith Ganapavaram and Aishwarya Jain in Bengaluru; Editing by Shounak Dasgupta)
