Anchorage Assembly rejects 5% tax on vacation rentals but approves registration tracking - Anchorage Daily News
Summary
The Anchorage Assembly rejected a proposed 5% tax on vacation rentals. However, they approved a registration tracking system, which means hosts in Anchorage will need to register their rentals.
Key Insights
- •The Anchorage Assembly approved a registration tracking system.
- •The Anchorage Assembly rejected a 5% tax on vacation rentals.
Action Items
- ✓Hosts in Anchorage should check the local government website for details on the new registration requirements.Effort: lowImpact: medium
Common Mistakes
- ⚠Failing to register your short-term rental in Anchorage could lead to penalties when the new registration tracking system is implemented.
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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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