The Netherlands-based online accommodation travel agency Booking.com allegedly evaded payment of around EUR 153 million (USD 182 million) in value-added tax (VAT) in Italy from 2013–2019, according to an investigation by the Italian finance police (Guardia di Finanza) announced 10 June.
During the years at issue, the company acted as an intermediary in renting homes owned by private individuals who do not qualify as taxable persons for VAT purposes in Italy.
The Italian tax authorities’ accusations against Booking.com are the latest in a series of tax avoidance investigations of digital companies in the country.
Source MNETax
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