Thursday 19 April 2018

Airbnb to collect taxes in Paris


AirBnb will start collecting tourist taxes in Paris as of October in a bid to please French authorities.

The company said that it would start collecting 'hotel taxes' as of October 1 in the French capital.

Paris will become the second European city in which Airbnb will collect such taxes following a similar move in Amsterdam.

Earlier in the month the Revenue Commissioners announced that Irish Airbnb clients could find themselves landed with hefty tax bills for letting out their homes.

Revenue said that the short-term renting of rooms does not fall under the rent-a-room relief scheme which allows people letting out a room on a long-term basis earn up to €12,000 tax-free.

Airbnb has made Europe its largest market and the move to automatically tax clients in Paris seems to be a step that will prevent a reoccurence of the situation in Ireland.

Airbnb is valued at $25bn (€21.8bn) and says that it will roll out the tourist taxes to other French cities.

Indo Business

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