On Airbnb Rentals, California Cities Tax First and Regulate Later

“Earlier this year, the beachside city of Santa Monica made headlines by enacting a ban on the short-term rental of a full unit.  Still, as Santa Monica begins its enforcement effort in earnest, it’s finding it needs to devote every penny of the hotel tax in that direction.  ‘The money that we are going to collect on the now-legal short-term vacation rentals is only enough to pay for the two code people and staff analyst to do effective enforcement against the illegal ones that were doing us so much damage,’ says Santa Monica Mayor Kevin McKeown. ‘So it’s probably going to be revenue-neutral for the city.'”

http://ww2.kqed.org/news/2015/11/04/california-cities-tax-airbnb-regulation

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin