Airbnb agree taxation deal

Online room-rental site Airbnb is to automatically report its users’ deals to tax authorities in Denmark.

It is thought to be the first country where the automatic reporting of deals will take place.

Tax minister Carsten Lauritzen said that Airbnb “has committed to report data so their hosts pay taxes”.

He said Airbnb will reveal the number of renting days and its users’ total income.

The deal closes a loophole that had let hosts report to tax authorities on a voluntary basis.

Danish political parties on Tuesday agreed to limit room-rental services such as Airbnb to a maximum of 70 days a year per property.