Airbnb collected $24 million in Texas taxesAirbnb collected $24 million in Texas taxeshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=227712019-07-11T05:00:00Z2019-07-12T19:00:00Z

​DALLAS – ​​​​In its second year since it reached an agreement with the state to collect short-term rental taxes from guests, Airbnb collected $24 million in Texas.

That's a 57 percent increase from the $15.3 million it send to the Texas Comptroller's Office last year.

Airbnb collects a 6 percent tax from people who booked in Texas and returns that revenue to the state.

The home-sharing service has been making local deals, as well. For example, hosts have to pay an additional 7 percent short-term rental tax in Plano.

North Texas Airbnb hosts welcomed a combined 466,000 guests last year and brought in $6,800 in additional income on average.

Dallas Morning News
https://www.dallasnews.com/business/business/2019/07/08/airbnb-sent-24-million-hotel-tax-revenue-back-texas-short-term-rental-activity-growsRead more at {Source}

 Search NewsTalk Texas