Saturday, April 20, 2024

Airbnb on Probe by Kenya Revenue Authority (KRA) to Provide Transaction Details to Address Potential Tax Evasion

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Airbnb Ireland UC has said that it has been asked by the Kenya Revenue Authority (KRA) to submit limited transactions on the platform for the period between January 1st, 2021, and December 31st, 2022.

The purpose of the exercise is to determine its hosts and earnings.

“We have been required by the Kenya Revenue Authority (KRA) to provide a limited amount of data about historical transactions that took place on the Airbnb platform during the period from January 1st 2021 to December 31st 2022. This data will identify hosts and details of their earnings on Airbnb,” Airbnb said in a statement.

20,000 Afghan Refugees Offered free housing worldwide by Airbnb

Airbnb Ireland UC (Airbnb), an Irish registered company, is the data controller of the personal data of all users of Airbnb in Kenya.

“KRA has issued an exchange of information request to the Irish Tax Authority (Irish Revenue) seeking certain information on Kenya hosts, and Irish Revenue has formally requested Airbnb to share this information, which we are legally obliged to do,” it added.

“Irish Revenue will now be communicating to each Kenyan user, whose data is being shared, that their data is being sent to KRA under an exchange of information request.”

Samuel Musila
Samuel Musilahttps://techknow.africa
Passionate Software Developer and Tech content creator From Nairobi, Kenya

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