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Today’s Top Headlines




Airbnb Issues Global Tax Update

by Mike Godfrey, Tax-News.com, Washington

13 April 2017

Home sharing website Airbnb has announced that it will start collecting and remitting tourist taxes in more than 250 cities across the United States from May 1, 2017.

In a blog post published on April 12, Airbnb said that it reached three major tax agreements in the state of Florida, where it has a large number of listings, earlier this month.

Consequently, by May 1, the company expects to be collecting and remitting tourist taxes for more than half of its listings in the US. It is also "actively working to expand this program," it added.

In February 2017, Airbnb announced that the site would soon begin collecting and remitting tourism and hotel taxes in 31 additional cities in France, covering popular destinations across the French regions and ski resorts. This would take the total number of tax agreements it has in France to 50 by the spring of 2017, it said.

According to the firm, by May 1, 2017, the company will have entered into tax agreements with over 275 jurisdictions around the world, by which time it would have collected and remitted over USD240m in tourist and occupancy taxes.

"Over the last three years, we've partnered with hundreds of governments around the globe to make it easier for our hosts and guests to pay their fair share of hotel and tourist taxes," the company stated.

"By collecting and remitting hotel and similar taxes, Airbnb ensures a streamlined process for our host community and lightens the administrative burden for state and local governments," it added.

TAGS: tax | value added tax (VAT) | travel and tourism | agreements | France | United States

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