According to the company’s director general Brian Chesky, Airbnb has already concluded two hundred tax agreements that allow it to collect and remit hotel taxes to local authorities, including Paris, Nice, Chicago and Amsterdam.
The operator collects 90 percent of its revenue in these cities. The agreements are aimed to avoid tax disputes and legal arguments. In the near future, Airbnb is expected to extend its network of tax agreements to 500 more.
As a reference, Airbnb, which operates in over 190 countries, is valued at $30 billion.