Insight
Ocean City approved an occupancy tax on first reading, impacting all short-term rentals, hotels, and motels.
Ocean City approves occupancy tax on first reading; narrow 4-3 vote; applies to Airbnb, Vrbo, hotels, motels
Summary
Ocean City, MD, has approved an occupancy tax on first reading. This tax applies to all short-term rentals, including Airbnb, Vrbo, hotels, and motels. Hosts in Ocean City should stay informed about the tax implementation and its impact on their revenue.
Key takeaway