irish: In fact the UK companies' revenues are provided by Airbnb's Irish company, according to The Guardian. It supplies enough revenue to cover these losses and provide some profit, on which tax is paid. As the rest of the story made clear, Phillips supported the bill; Philip Davies spoke against it for more than an hour on the grounds that both men and women should be protected from violence Tory MP tries to derail bill to tackle violence against women, 17 December, page 11 . An article Airbnb's UK tax bill on global take from 2m rental properties 317,000, 19 December, page 11 reported that Airbnb's taxable profits in its UK companies were reduced by foreign exchange losses.
(news.financializer.com). As
reported in the news.
Tagged under irish, revenue topics.