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Booking pays 94 million to the Italian tax authorities - News

2023-11-11T10:52:23.602Z

Highlights: Booking pays 94 million to the Italian tax authorities. For non-declarations for VAT purposes from 2013 to 2021 (ANSA). The Booking.com company, based in the Netherlands, paid 94 million euros to the treasury, through an adhesion procedure with the Revenue Agency. The evasion had been discovered by the Guardia di Finanza of Chiavari coordinated by the Genoa Public Prosecutor's Office. The investigation had shown that the online booking site invoiced the intermediary services rendered in favour of all hoteliers/landlords without receiving the relevant VAT.


For non-declarations for VAT purposes from 2013 to 2021 (ANSA)


The Booking.com company, based in the Netherlands, paid 94 million euros to the treasury, through an adhesion procedure with the Revenue Agency, closing a tax dispute for failure to submit VAT returns from 2013 to 2021 and avoiding the seizure of the sum. The evasion had been discovered by the Guardia di Finanza of Chiavari coordinated by the Genoa Public Prosecutor's Office.

The investigation had shown that the online booking site invoiced the intermediary services rendered in favour of all hoteliers/landlords "advertisers" without receiving the relevant VAT and applying for all Italian customers, without distinction, the so-called reverse-charge mechanism, by virtue of which VAT on each service is payable not by the supplier but by the customer, in this case by the hotelier or "landlord", but only if he is the holder of the relevant VAT number.

"We believe that we are in compliance with the current Italian VAT laws and we can confirm that we have adhered to a mutually satisfactory agreement with the Revenue Agency for the period 2013-2021". This is how the company Booking.com comments on the agreement in a note.

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Source: ansa

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