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- Onondaga County passes 7% room occupancy tax on short-term rentals - WSYR
Onondaga County passes 7% room occupancy tax on short-term rentals - WSYR
Summary
Onondaga County has implemented a 7% room occupancy tax on short-term rentals. Hosts in the county are now required to collect and remit this tax on all bookings. Ensure your pricing and booking systems are updated to reflect this new tax.
Key Insights
- •Onondaga County passed a 7% room occupancy tax on short-term rentals.
Action Items
- ✓Hosts must update their booking and pricing systems to include the 7% room occupancy tax.Effort: lowImpact: medium
- ✓Ensure that your accounting practices include accurate tracking of the new tax liability.Effort: mediumImpact: medium
Common Mistakes
- ⚠Failing to collect and remit the room occupancy tax can result in penalties and fines.
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.
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