United Kingdom
United States
Asia Pacific
Airbnb pays off millions in back taxes to San Francisco
Airbnb has finally settled its long standing tax bill with the city of San Francisco.
Airbnb said it paid ‘in full’ outstanding taxes dating back several years although it disputed the amount.
"Two weeks ago, the Treasurer’s Office told us what they thought was owed in back taxes. Though we have concerns about this assessment — the tax rules in San Francisco are unique and the subject of ongoing litigation brought by other companies that we are closely monitoring — we have paid it in full," a company statement said.
San Francisco District Supervisor David Campos called it a ‘major victory,’ saying the amount was in the ‘tens of millions.’
However Campos still had a subtle swipe at the short term rental site.
"We are glad they did this, but I don’t know if congratulations are in order for someone who paid their taxes three years late," he said.
The city charges 14% bed tax and once estimated $25 million was owed in back taxes.
Airbnb still faces tax liability in several other US cities, notably New York City.
Lawmakers in the Big Apple are concerned not only over unpaid taxes but also the impact on affordable housing stock.
Related News Stories:
TravelMole Editorial Team
Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
Kittipong Prapattong’s Plan for Thailand’s Tourism Growth: Taxes, Visas, and Campaigns
James Jin: Didatravel’s Journey from China to Global Reach and the Impact of AI on Travel
Darien Schaefer on Pensacola’s Evolution: From Small Town to Global Destination
Florida Tourism’s Next Frontier: Dana Young on Expanding Beyond the Classics
Patrick Harrison on Tampa Bay Tourism’s Resilience and Marketing Strategy
Bubba O’Keefe on Clarksdale’s Vibrant Music Scene
Commemorating Elvis and Embracing Tupelo’s Culture with Jennie Bradford Curlee
Craig Ray and the Expansion of the Blues Trail
Presenting Mississippi’s Cultural Trails with Katie Coats
Robert Terrell: A Journey Through BB King’s Influence
Rochelle Hicks: Celebrating Mississippi’s Musical Legacy
Exploring Jacksonville with Katie Mitura: The Flip Side of Florida
Dozens fall ill in P&O Cruises ship outbreak
Turkish Airlines flight in emergency landing after pilot dies
Boy falls to death on cruise ship
Unexpected wave rocks cruise ship
Storm Lilian travel chaos as bank holiday flights cancelled