Governments Have Received $1 Billion in Taxes since 2014

Airbnb is making headlines for all the right reasons, the company has made another step in the area of government taxes help keep local authorities happy ahead of it eagerly anticipated IPO in 2019

In 2014 Airbnb started to collects hotel and tourist taxes from its hosts and remits them to the various governments it has agreements with. Since Airbnb started collecting taxes, it has collected and remitted over 1 billion dollars to the various governments. This process for collecting taxes has been streamlined which has made it easy for both the hosts and the government to pay and collect taxes respectively.

Airbnb feels that assisting authorities to collect taxes is a part of its corporate social responsibility. As such, it enters into voluntary agreements with over 400 governments worldwide. For example, since entering into a tax collection agreement with the City of Los Angeles in the year 2016, it has assisted the city to collect and remit more than $100 million.

That is not all. In Pennsylvania, the innovative firm has collected and remitted over $ 20 million in addition to more than $2 million it has collected and remitted in the various counties across New York. These activities are not limited to the US alone. Airbnb also engages in these activities across many regions in Europe where it has assisted thousands of cities in revenue collection.

These tax collection agreements have assisted many authorities to meet their revenue targets. Hosts now are in a position to pay their fair share of taxes and support the government in carrying out its mandate. It is a win-win situation for Airbnb, governments, and hosts.



Table of Contents

wheelchair, disability, injured

Airbnb enhances the accessibility search filters for guests

Airbnb has improved its search filters and accessibility review process to make it simpler for persons with impairments to discover lodgings on its marketplace. A specialist team of Airbnb agents will now examine photos that hosts upload show casing their homes’ accessibility features, and will examine them to see if they’re acceptable for persons with impairments. Airbnb’s search criteria for accessibility features have also

Read More »

Related Posts

Airbnb House Manual

Are you an Airbnb host that is trying to improve your guest’s experience,  or are you just not getting those five stars? Here are Hosts

People drinking at a party

The Party’s Over!

Airbnb parties are a thing of the past. As a result, parties and other gatherings are no longer permitted in any of the properties listed