Airbnb takes another shot at Ocean City’s occupancy tax - Downbeach

3 months agoOcean City, StateScore: 85
Regulations & Compliance
Local News
Local Regulations
Tax Strategy
Airbnb
Occupancy

Summary

This article discusses Airbnb's continued efforts regarding occupancy tax in Ocean City. Hosts in Ocean City should stay informed about potential changes to occupancy tax regulations as it could impact their profitability and compliance requirements.

Key Insights

  • •The article focuses on Airbnb's involvement with occupancy tax, a significant component of local regulations affecting STR hosts.

Action Items

  • ✓
    Hosts should monitor local news and government websites for updates on occupancy tax regulations in Ocean City.
    Effort: low
    Impact: medium
  • ✓
    Review your Airbnb account settings to ensure occupancy tax collection and remittance are accurate according to local regulations.
    Effort: low
    Impact: medium

Watch Out For

  • ⚠Failing to comply with local occupancy tax regulations could result in penalties or fines.