Although Spain is one of Airbnb 's largest markets , the million-dollar income from the vacation rental platform does not stay in our country. The income that the company obtains through the collection of commissions from both the owners of the tourist apartments and the travelers for putting them in contact and brokering the rental ends up in its central headquarters for Europe, based in Ireland (a country with tax advantages for multinationals). The reason behind this decision is that Ireland is a country with tax advantages for multinational companies. For this reason, Airbnb only has one subsidiary in Spain that covers all marketing and advertising. This is a fully legal fiscal and operational strategy , but it means that Airbnb's tax payment in Spain is very low despite the great weight that the Spanish market has on its business. Under the name Airbnb Marketing Services SL, the Spanish subsidiary based in Barcelona, does not have any activity related to tourist rentals for tax purposes , so its income is reduced to the services billed to other companies in the group.
This explains why the recognized benefits are reduced. Exceltur demands greater control in the face of the "overflowing and uncontrolled" growth of housing for tourist use With this, Airbnb paid 286,337 euros in corporate tax in Spain last year, according to the accounts deposited by the company in the Commercial Registry reported by El Periódico de España . Since its incorporation in mid-2011 and until the end of 2021, Airbnb Marketing Services has only paid 1.15 million Jamaica Mobile Number List euros in corporate tax. As clarified in an email to Business Insider Spain from the company, “Airbnb pays all the taxes to which it is subject in the places where it operates. Airbnb Marketing Services SL provides commercial and marketing support services and pays all applicable taxes in Spain. What's more, the Spanish subsidiary is cataloged with code 7311 of the national classification of economic activities (CNAE), reserved for advertising agencies, according to said media.
The Airbnb model is unique and allows many people to earn additional income, with a direct impact on family and local economies. The vast majority of income generated on the platform stays in the community itself and is subject to local taxes" , adds Airbnb. On the other hand, and according to data from the Commercial Registry, the Spanish subsidiary has declared an accumulated net profit of at least 2.2 million euros since 2011. In addition, El Periódico de España recalls , the European Commission has shown its intention to promote the application of the OECD agreement to impose a minimum rate of 15% of corporate tax on multinationals, a plan that Airbnb supports. Other interesting articles: The 'airbnb' of laundry: I wash other people's clothes and earn up to 40,000 euros a year Now you can book a room in Airbnb CEO Brian Chesky's house, totally free Powered by Citroën : Citroën Berlingo: the usual versatility, at the technological and sustainable forefront WE RECOMMEND YOU Incredible.
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