After public hearing, Erie County is one step closer to an Airbnb tax for visitors (Buffalo: sales, rentals)
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A key portion before people think this is for all living in the area versus being for those visiting the area.
“The 3% tax would only apply to those renting an Airbnb, VRBO or other online short-term rental property in Erie County. The property owner doesn't pay anything additional to the county.
The proposed tax is the modern equivalent of the hotel tax any visitor has paid for decades.
"It's definitely due time, we've had with the influx of these short term rentals in our in our area," said Legislator Howard Johnson. "It's about time to modernize it."
The revenue generated from the new tax will be funneled to Visit Buffalo Niagara. The tourism agency says with their current funding, they're only able to market the Queen City within a 300 mile radius.
"It will have a great impact, of course," Kaler said. "It will give us the opportunity to advertise and brand our destination on pretty much a global platform."
So, even if you are visiting the area, it depends on the accommodations one decides to stay in.
This may also have a residual effect in terms of slowing down the buying of homes for such purposes versus being for people looking to live in SFH’s full time.
A key portion before people think this is for all living in the area versus being for those visiting the area.
“The 3% tax would only apply to those renting an Airbnb, VRBO or other online short-term rental property in Erie County. The property owner doesn't pay anything additional to the county.
The proposed tax is the modern equivalent of the hotel tax any visitor has paid for decades.
"It's definitely due time, we've had with the influx of these short term rentals in our in our area," said Legislator Howard Johnson. "It's about time to modernize it."
The revenue generated from the new tax will be funneled to Visit Buffalo Niagara. The tourism agency says with their current funding, they're only able to market the Queen City within a 300 mile radius.
"It will have a great impact, of course," Kaler said. "It will give us the opportunity to advertise and brand our destination on pretty much a global platform."
So, even if you are visiting the area, it depends on the accommodations one decides to stay in.
This may also have a residual effect in terms of slowing down the buying of homes for such purposes versus being for people looking to live in SFH’s full time.
A tax is a tax, is a tax. If these few extra pesos are really going to have a positive net effect on the tourism industry, they should have long ago added a line to the county budget. Ka-ching!!
I am not sure why people think this is a bad thing. Why shouldn't Air BnB stays be subject to the same taxes as hotel stays? Texas has collected hotel taxes on Air BnB stays since 2017. Air BnB, the company, takes care of collecting and remitting the taxes.
Everyone has the right to rent their own home for 2 weeks out of the year tax free, for what it's worth. So if you have a decent house in a great area, put your home on one of those sites for $10,000 a week. It could actually happen. For instance with the PGA in Rochester last month, or a big Bills playoff game.
I am not sure why people think this is a bad thing. Why shouldn't Air BnB stays be subject to the same taxes as hotel stays? Texas has collected hotel taxes on Air BnB stays since 2017. Air BnB, the company, takes care of collecting and remitting the taxes.
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