Online travel agencies have been sued for occupancy taxes since 2004, before Airbnb's founding. Two decades later, the issue is ongoing around the world.
The French Senate has greenlit measures to apply value-added tax (VAT) to Airbnb and similar platforms, aiming to address perceived competition imbalances with the hotel sector.
Booking settled Italy's claim that it needed to collect VAT on short-term rentals for many partners. This could have big implications for the sector in other EU countries.
Taxes on jet fuel are airlines’ single biggest cost, accounting for more than half the expenses for some Indian low-cost carriers. The aviation industry urgently needs relevant policy measures to address them now.