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A loophole is when something is used for something other than its intended purpose. France wanted to subsidize b&bs, Airbnb, despite its name, doesn’t actually

• mytailorisrich 3y ago
  In this case it is used exactly for its intended purpose, which is to encourage furnished holiday lets. AirBnb does not directly benefit from this. The property owners do. The issue is that the number of holiday lets has exploded thanks to AirBnb so now they no longer want to encourage them, or at least not the purely AirBnb type.
  • csomar 3y ago
    It is another tax but without the tax label. Now we call it "Closing a loophole for the greedy Tech companies".
• Veedrac 3y ago
  If true that's even more convoluted than I would have guessed. And I agree with the other comment; if you want to subsidize b&bs but you instead subsidize furnished rentals, it's on you when it's treated as a furnished rentals subsidy.
• yieldcrv 3y ago
  I used to think that But I’ve seen single words changed in budget appropriation bills that completely altered a tax reality in any observer’s favor, that no politician read Fun game, hard for me to draw a clear distinction on what’s a loophole or not. If the government says my “fair share” is 0% fine by me.