Airbnb's $1.3B Bill From IRS Overvalues IP, Tax Court Told

By Natalie Olivo · August 1, 2024, 6:13 PM EDT

Airbnb is challenging a $1.3 billion tax bill tied to income the IRS allocated from overseas, telling the U.S. Tax Court the agency overvalued intellectual property the home-rental giant licensed to...

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