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B.C. Government Enters into Agreement with Airbnb to Collect Taxes

Author: 
Denise Lash
Publication date:
February 20, 2018
Article Summary: 

The British Columbia government has signed an agreement with Airbnb to collect provincial and municipal sales tax from its hosts and remit them to the government. The move is expected to generate an estimated $21 million in additional tax revenue for the government, which will be spent on measures to create affordable housing. The agreement comes in response to growing concerns about the impact of short-term rental platforms like Airbnb on the hotel industry and long-term rental housing supply.

Keywords: 

British Columbia, Airbnb, tax collection, short-term rental, affordable housing, tax revenue, hotel industry, long-term rental housing supply.



Source Citation: 
Denise Lash
B.C. Government Enters into Agreement with Airbnb to Collect Taxes
February 20, 2018
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