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Steamboat Springs and HomeAway tax agreement signed
Reading Time: 1 minuteUS: Vacation rental platform HomeAway and the ski town of Steamboat Springs signed an automatic tax collection agreement. The small town, famous for its vacation rentals, hopes the agreement will make it easy for property owners to start listing on the platform. The agreement confirms that any homeowner advertising their property on HomeAway or its […]
Airbnb to be the first target of digital tax regulations from Poland
Reading Time: 2 minutesPoland: Tadeuz Koscinski, the newly instated Polish finance minister, announced today plans to implement tax on Airbnb operators in Poland. The latest in plans by European leaders to understand and regulate Airbnb, FT reports that Koscinski seeks to tax not only operators, but the company itself. “If we’re going to be making sure that anyone […]
Airbnb agreement in Hannibal to ensure tax compliance
Reading Time: 2 minutesUS: A recent agreement with Airbnb in Hannibal, Missouri, will ensure hosts listing rooms on the platform’s app are charging the right taxes to their guests. Without including any city taxes, a room could be over 10 per cent cheaper as part of the agreement. It is a sign of why Airbnb has made deals […]
Airbnb to collect vacation tax on properties in Bermuda for extra marketing
Reading Time: 2 minutesBermuda: The Bermuda tourism minister has revealed Airbnb will collect a 4.5 per cent tax on its properties in return for extra marketing. Jamahl Simmons said Airbnb would collect the vacation tax directly from guests when they book a break on the island and then forward the cash to the government. The money will be […]
Airbnb facing HMRC enquiries over UK tax activity
Reading Time: 2 minutesUnited Kingdom: Online short-term rentals platform Airbnb is facing enquiries from HM Revenue & Customs (HMRC) about its ongoing tax situation. In a note published on Companies House, the company said it had been contacted by HMRC ‘regarding the application of tax laws or regulations’ impacting its business. This follows the news that the online […]
Short term rentals to be taxed in Culver City after agreement with Airbnb
Reading Time: < 1 minuteUnited States: Culver City will soon be collecting taxes on short-term rentals made through Airbnb after the city council instructed staff to enter into a voluntary agreement with the short-term rental platform. The decision was made last week as elected officials instructed city staff to seek a transient-occupancy tax voluntarily through an agreement with Airbnb. […]
Airbnb’s UK tax bill last year disclosed
Reading Time: 2 minutesUnited Kingdom: Airbnb paid just under £600,000 in the United Kingdom tax last year as chancellor Philip Hammond called for a unilateral digital services tax to be imposed on tech companies. Financial accounts due to be published on Companies House later this week revealed Airbnb paid £596,992 in corporate tax in the year ending December […]