Colorado – Airbnb Guests Overpaying Sales Tax On Short-Term Rentals

Founding Father Benjamin Franklin once wrote that nothing is certain “except death and taxes.” But if it’s a private company and not the government that’s doing the tax collection, how certain are we about those taxes? How do we know the company is charging the right amount of tax? And how do we know that the taxes the company collects will go to the right place?

A Summit Daily News investigation has found that guests for Airbnb properties in parts of unincorporated Summit County are overpaying taxes, bringing into question the tax collection and remittance arrangement between those companies and the state, and whether there is enough oversight.

For the Full Story: Summit Daily

Summit daily
By deepan Dutta
January 3, 2020