Airbnb questions legality of Ocean City's 3% tax on online rentals - PhillyVoice
Summary
Airbnb is challenging the legality of Ocean City's 3% tax on online rentals. Hosts in Ocean City and similar areas should monitor the situation and stay informed about potential tax implications and legal challenges.
Key Insights
- •Airbnb is questioning the legality of Ocean City's 3% tax on online rentals.
Action Items
- ✓Hosts should monitor local news and updates regarding short-term rental regulations and any legal challenges to existing taxes.Effort: lowImpact: medium
Common Mistakes
- ⚠Failing to comply with local tax regulations can result in penalties.
More from Regulations & Compliance
Carson City, Nevada, is refining its short-term rental regulations. City supervisors are currently reviewing and modifying the local ordinance during a retreat. This review aims to address operational aspects, potentially impacting local hosts through new or revised rules, emphasizing compliance.
A 21-unit vacation rental in Dunedin, Florida, has been approved, signaling potential growth in the local short-term rental market. This approval could lead to increased accommodation options for tourists visiting the area. This news could also influence local regulations.
St. Louis aldermen have approved a short-term rental fee, though a legal battle over existing rules continues. This indicates a focus on regulating the STR market within the city. Hosts in St. Louis should be aware of these new fees, which may impact their profitability. Find out how this affects your STR business.
Curated by Learn STR by GoStudioM