Find this information useful? YubaNet is powered by your subscription
NEVADA COUNTY, Calif. April 25, 2017 – Nevada County and Airbnb have reached a tax partnership that is set to begin May 1st. Under the partnership, Airbnb will begin collecting the 10% Transient Occupancy Tax (TOT) on behalf of hosts in the unincorporated areas of Nevada County. Guests will be charged the appropriate taxes on their Airbnb bill and the company will then remit the taxes collected to the County.
This announcement follows Airbnb’s tax deals with 275 jurisdictions around the world. To date, Airbnb has collected and remitted over $240 million in hotel, tourist, and occupancy taxes. Tax partnerships such as this one allow states, cities, and counties to rightfully benefit in the economic impact of home sharing.
“Nevada County is excited to partner with Airbnb for Transient Occupancy Tax collection. This agreement will streamline our processes, reduce workloads and create a working relationship that will benefit the County as well as our constituents,” said Tina Vernon, Nevada County Treasurer & Tax Collector.
“The vast majority of Airbnb hosts are middle class families who share their home and want to pay their fair share. We are excited to announce this partnership that will allow us to collect hotel taxes on behalf of hosts in the unincorporated areas of Nevada County. Our community of hosts are committed to being good neighbors and strengthening their city’s local economy,” said Marisa Moret, Public Policy Manager for Airbnb.
About Nevada County
Nevada County is the 36th most populous county in California and home to about 100,000 residents. Nevada City, Grass Valley, Truckee, and nine unincorporated areas make up Nevada County. According to a study by Dean Runyon Associates, in 2014 Nevada County benefitted from $304 million in travel related spending. From 2000-2014, visitor spending in Nevada County increased on average 3.2% annually. More information about Nevada County here.
Founded in 2008, Airbnb’s mission is to create a world where people can belong when they travel by being connected to local cultures and having unique travel experiences. Its community marketplace provides access to millions of unique accommodations from apartments and villas to castles and treehouses in more than 34,000 cities and 191 countries.