A tax levied on short-term rental accommodations, often collected by local governments or tourism boards.
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Glossary Term: Occupancy Tax
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Taxes levied on income generated from short-term rentals, which may vary depending on the location and platform used.
A tax levied by local governments on short-term rental accommodations, typically based on a percentage of the rental income, which hosts are responsible for collecting and remitting.
Ensuring the collection and remittance of applicable occupancy taxes, such as hotel taxes or transient occupancy taxes, to local authorities.
Taxes imposed by local governments on short-term rentals, often as a percentage of the rental income or a flat fee per night.