Insight
Bayonne is considering a 3% tax on short-term rentals.
Bayonne mulling 3% tax on short-term rentals ahead of FIFA World Cup this summer
Summary
Bayonne, New Jersey, is considering a 3% tax on short-term rentals ahead of the FIFA World Cup this summer. This potential tax would impact hosts in the city. Hosts should monitor local regulations and consider how this new tax could impact their profit margins during the World Cup.
Key takeaway