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Dept of Revenue calls for taxing of...

Dept of Revenue calls for taxing of Airbnb, other rentals like hotels

By: Magnolia Tribune - April 26, 2017

DOR pushing to tax Airbnb, other rentals like hotels

The state Department of Revenue is planning a change in regulations that would require people renting homes, condos or rooms through services such as the Airbnb online marketplace — or any other form of advertising or listing — to be taxed like hotels.

The change would require anyone renting a home, apartment, condo or room to a transient guest — for less than 90 days — to collect and remit 7 percent state sales tax on gross revenue from the rental and related charges (such as soap, coffee, food or other amenities). It also would require collection and remittance of any applicable local government “hospitality” taxes, of which there are more than 80 in Mississippi.

Clarion Ledger
4/25/17

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Magnolia Tribune

This article was produced by Magnolia Tribune staff.