MAYVILLE – Airbnb has reached a deal with Chautauqua and several other counties statewide to better collect taxes on vacation rentals.
Starting Thursday, the online marketplace company will collect and report the revenue to counties.
Officials say collecting and remitting hotel taxes can be complicated, and that, rules were designed for traditional hospitality providers and large hotel corporations, not individuals.
“The tourism industry has been hit especially hard during the pandemic,” said Mark Geise, Deputy County Executive for Economic Development and CEO of the CCIDA. “The additional revenue will help us further support our tourism industry and preserve our lakes and waterways.”
Now, under the new tax agreement, Chautauqua, Cattaraugus and Allegany Counties are among 31 other counties statewide will see revenue from the internet-based vacation rental company.
In total, Airbnb has partnered with over 400 local governments throughout the U.S. to collect and remit taxes part of similar agreements aiming to make the process seamless and easy for hosts to pay their fair share while contributing new revenue for local governments.
Leave a Reply