Sharing economy

Airbnb makes $2.6bn tax claim

Airbnb said that it had delivered more than $2.6bn in tourism-related taxes to local governments on behalf of its hosts over the past seven years.

Airbnb first began collecting and remitting taxes in 2014 through voluntary collection agreements with San Francisco and Portland, Oregon.

The platform said that it now collected and remitted taxes in more than 650 jurisdictions around the world.

It said: “As communities seek to recover from the economic impacts of the pandemic, this tax revenue is more important than ever. Airbnb collects applicable taxes directly from guests, then remits those taxes to the relevant government jurisdiction. This streamlines the process for our host community, many of whom are sharing their homes to earn meaningful income, and has helped ensure that communities are receiving this critical tax revenue. 

“Airbnb remains committed to supporting the economic recovery of communities around the world, and we look forward to working with more local and national governments to streamline tax collection and deliver this important revenue.”