CONTINUEThis site uses cookies. By continuing to browse this site you are agreeing to our use of cookies. Find out more.
  1. Front Page
  2. News By Topic
  3. Airbnb Issues Global Tax Update

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

To see today's news, click here.

Leave a comment

Read our Posting Guidelines

 






Close

Password Reminder

Please enter your email address to receive a password reminder.

 






Tax-News Reviews

Cyprus Review

A review and forecast of Cyprus's international business, legal and investment climate.

Visit Cyprus Review »

Malta Review

A review and forecast of Malta's international business, legal and investment climate.

Visit Malta Review »

Jersey Review

A review and forecast of Jersey's international business, legal and investment climate.

Visit Jersey Review »

Budget Review

A review of the latest budget news and government financial statements from around the world.

Visit Budget Review »



Tax-News+ Updates

Receive FREE daily updates from Tax-News.com, straight to your inbox. Register Now!

For a tailored solution, choose to receive selected news updates for your preferred jurisdictions and topics, with our enhanced Tax-News+ subscriber service. Read more...

 

Stay Updated

Please enter your email address to join the Tax-News.com mailing list. View previous newsletters.

By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.


To manage your mailing list preferences, please click here »