transient tax – Harmari an Avenu Company

Solve for X – The Short Term Rental Tax Gap

January 30, 2017harmariadminShort Term Rentals, Tax Discovery, Underground Businessaccommodation tax, airbnb, audit, B&B, bed and breakfast, flipkey, gameday rentals, homeaway, ID, identification, identify, lodging tax, room tax, short term rental, str, stvr, tax compliance, tax gap, TOT, transient tax, vacation rental

Harmari recently released a 20-minute training video on the technical challenges associated with detecting short term rentals (STRs, also known as STVRs) that are non-registered or under-reporting for lodging tax (also known as TOT, transient lodging tax, transient occupancy tax, bed tax, accommodations tax, etc). Key metrics are discussed that help estimate identification and monitoring

Estimated Total AirBnB Host Revenues by City

Popular short term rental booking websites like AirBnB have demonstrated that the internet can be a lucrative marketplace that tax and revenue must heed. In fact, the $25 Billion valuation should be further evidence of the value of a grey-market for tax called the Sharing Economy. Tax Discovery departments for the state, city and county