AllTheRooms was recently featured on TravelMole (October 28, 2016) – Report puts figure on Airbnb’s ‘unpaid’ tax bill. Read an excerpt of the piece below:
Home sharing platform Airbnb would be liable for about $440 million in tax if it had tax collection agreements with all 50 US states.
About 60% of taxes have gone unpaid as it only has agreements in place with 26 states, estimates AllTheRooms.com in a new report published this week.
The report, entitled ‘440 Million Reasons to Tax Airbnb Vacation Rentals’ was published days after New York imposed fines on Airbnb hosts who advertise apartments on the online platform.
The report estimates New York is owed $110 million in tax based on revenue generated by Airbnb bookings.