PHILIPSBURG–The Ministry of Tourism, Economic Affairs, Transport and Telecommunication (TEATT) is currently in discussion with Airbnb to go into a draft tax collection agreement that is standard for Airbnb and most destinations now.
Minister of General Affairs Prime Minister William Marlin told Members of Parliament (MPs) during a meeting of the Central Committee of Parliament last week that a draft agreement will be handed to the Ministry of Finance for it to vet and move forward.
He said a tax collection agreement would allow for seamless collection of five per cent hotel tax by Airbnb, which will then be remitted directly to the Inspectorate of Taxes.
Airbnb is an online marketplace and hospitality service enabling people to lease or rent short-term lodging, including vacation rentals, apartment rentals, homestays, hostel beds or hotel rooms. It was founded in the United States in August 2008 and has grown into a hugely popular accommodation option for travellers.
Source: The Daily Herald https://www.thedailyherald.sx/islands/70544-teatt-discussing-tax-collection-with-airbnb
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