A tax levied on the rental of accommodations, including short-term rentals, in many jurisdictions. Also known as a transient occupancy tax or lodging tax, it is typically calculated as a percentage of the rental rate and collected from guests.
Glossary Term: Local Regulations
Specific rules and regulations imposed by local governments on short-term rental operations, including licensing, permits, and occupancy limits.
Rules and ordinances set by local governments that govern short-term rentals, including permitting requirements, occupancy limits, and noise restrictions.
Taxes levied by local governments on short-term rental income, often requiring hosts to register and collect from guests.
Local regulations that limit noise levels in residential areas, often impacting short-term rentals and requiring hosts to enforce quiet hours.
A designated area with significant historical or architectural value, often subject to specific regulations for short-term rentals to preserve its character.
The process of obtaining necessary approvals and licenses from local authorities to host events or gatherings exceeding a certain size or noise level at the rental property.
Specific regulations in Ireland that may require property owners to obtain planning permission before using their property for short-term letting.
The process of collecting and remitting occupancy taxes to local authorities as mandated by regulations for short-term rentals.
A tax applied to commercial properties, which may include short-term rentals in certain jurisdictions. Hosts should be aware of their local tax obligations and factor this into their pricing and expenses.