As Airbnb Inc. turns its attention to Latin America, the often-combative company is taking an unusual approach. Itâs giving local governments what they want.
The home and apartment-rental company said it will collect and remit taxes in Mexico City, the first such arrangement in Latin America. Airbnb will provide 3 percent of revenue generated from bookings in Mexico City to the cityâs government. Hotels there also pay a 3 percent lodging tax to local officials. Airbnb said it intends to replicat...
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