- Booking.com has paid 94 million euros to the Italian tax authorities to avoid prosecution for VAT fraud.
- The Italian authorities estimated that Booking.com had not paid at least 153 million euros in VAT.
- The Italian tax authorities believe that Booking.com should withhold VAT when renting properties from individuals who do not have a VAT number.
- Booking.com argues that it is only acting as an intermediary and that the landlords themselves should handle the tax matters.
- Booking.com has reached a mutual agreement with the Italian authorities and is pleased with the settlement.
- Booking.com has also reached a settlement in France for 153 million euros.
- New European rules aim to clarify the VAT responsibilities of platform companies like Booking.com.
Source: fiscaalvanmorgen.nl
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.