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Will An Airbnb Tax For Rio Olympics Aid Brazil's Limping Economy?

Two years after hosting a costly FIFA World Cup, Brazil will once again be on the world sporting stage next summer at the 2016 Olympic Games in Rio de Janeiro. But now, with the Brazilian economy facing a deepening crisis, the government has an idea for some help from a pillar of the "sharing economy": an Airbnb tax.

José Gayoso, an official at Embratur, Brazil's state-owned tourist board, vowed that it will be "a fair tax that will not be passed on to consumers or ruin the business," Brazilian national daily O Globo reports.

Gayoso says the San Francisco-based start-up is actually open to the idea, as it's looking to reinforce its presence in Brazil ahead of the much-awaited Summer Games. In fact, O Globo explains that Airbnb has already officially agreed to provide 20,000 rooms to host tourists during the Olympics.

The bill is still in its early stages, and lawmakers still need to decide what level of taxation they'll impose and whether the tax will be collected by the federal government or instead by local authorities as is done in San Francisco, Washington, Paris and Amsterdam.

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Society

Do We Need Our Parents When We Grow Up? Doubts Of A Young Father

As his son grows older, Argentine journalist Ignacio Pereyra wonders when a father is no longer necessary.

Do We Need Our Parents When We Grow Up? Doubts Of A Young Father

"Is it true that when I am older I won’t need a papá?," asked the author's son.

Ignacio Pereyra

It’s 2am, on a Wednesday. I am trying to write about anything but Lorenzo (my eldest son), who at four years old is one of the exclusive protagonists of this newsletter.

You see, I have a whole folder full of drafts — all written and ready to go, but not yet published. There’s 30 of them, alternatively titled: “Women who take on tasks because they think they can do them better than men”; “As a father, you’ll always be doing something wrong”; “Friendship between men”; “Impressing everyone”; “Wanderlust, or the crisis of monogamy”, “We do it like this because daddy say so”.

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