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.
Airbnb has lot on its plate: suspensions in multiple jurisdictions, incessant regulatory hurdles and more. But when its comes to business focus, the company is growing and paying more keen attention to how it serves the hosts on its platform.