Articles tagged “taxes”

The IRS May Crack Down on Airbnb and Uber Income and Unpaid Taxes

The IRS May Crack Down on Airbnb and Uber Income and Unpaid Taxes

Ben Brody, Bloomberg

Hundreds of millions of dollars in taxable income go unreported every year by Airbnb hosts, Uber drivers, and similar sharing-economy workers. As the federal budget gets pressured, expect tax authorities to come calling.

3 months ago

Montana Towns Argue for Resort Tax Hikes

Montana Towns Argue for Resort Tax Hikes

Bobby Caina Calvan, Associated Press

Booming traffic, or overtourism, to Montana's scenic jewels, such as Yellowstone and Glacier national parks, is stressing the small gateway towns.

7 months ago

Expedia Joins Apple, Others When It Comes to European Tax Savings

Expedia Joins Apple, Others When It Comes to European Tax Savings

Bernard Condon, Associated Press

It would be hard for Expedia, like any other company, to say no to 26% tax savings. Time for a bit of reform.

1 year ago

Airbnb Agrees to Collect Taxes From its Hosts in Los Angeles

Airbnb Agrees to Collect Taxes From its Hosts in Los Angeles

Deanna Ting, Skift

Does this tax-collection agreement mean Airbnb is completely legal in Los Angeles? Not really. But if you're renting out your home as a short-term rental, the city wants to make sure it gets its cut of the business, even as it's revising its short-term rental laws.

1 year ago

Hawaii Governor Will Veto Bill Allowing Airbnb To Collect Taxes

Hawaii Governor Will Veto Bill Allowing Airbnb To Collect Taxes

Cathy Bussewitz, Associated Press

Hawaii may become the only U.S. state so far to veto legislation that requires sharing economy services to collect state and local taxes.

1 year ago

Chicago Turmoil Inspires Other Illinois Cities to Challenge Airbnb

Chicago Turmoil Inspires Other Illinois Cities to Challenge Airbnb

Sophia Tareen, Associated Press

Now, even smaller U.S. cities and towns are pushing back against disruptive Airbnb rentals.

1 year ago

Airbnb Guests and Hosts Will Now Pay Pennsylvania’s Hotel Tax

Airbnb Guests and Hosts Will Now Pay Pennsylvania’s Hotel Tax

Associated Press

Airbnb's new strategy of working with states and cities on tax issues, instead of ignoring them completely, is a sign of the company finally starting to grow up.

1 year ago

Booking.com Gets a Nearly $400 Million Tax Bill From France

Booking.com Gets a Nearly $400 Million Tax Bill From France

Yann Le Guernigou, Reuters

European tax authorities, in this case from France and Italy, continue to go after online travel agencies like Booking.com for back taxes. Booking.com is such a large company that a $400 million bill, if it actually must be paid, won't cause the company to sweat excessively.

1 year ago

First Order of Business for IATA’s New CEO: Managing A Global Airline Emissions Tax

First Order of Business for IATA’s New CEO: Managing A Global Airline Emissions Tax

Andrea Rothman, Bloomberg

In his new role at IATA, the outgoing Air France-KLM CEO has a big challenge ahead of him: working with the U.N. to establish a global tax for airline emissions that will be enforced fairly among all airlines.

2 years ago

Montana Rules Against Expedia and Priceline in Ongoing Booking Tax Saga

Montana Rules Against Expedia and Priceline in Ongoing Booking Tax Saga

Matt Volz, Associated Press

Coming up next week: A contrary ruling from another state or city that goes in OTAs' favor ... until a different ruling the week after that.

2 years ago

Expedia’s Tax Problems Go Global With VAT Challenges in Europe

Expedia’s Tax Problems Go Global With VAT Challenges in Europe

Dennis Schaal, Skift

Despite 88 filed lawsuits in the U.S. -- and now VAT issues in Europe -- the hotel occupancy tax issue has mostly been manageable for Expedia and the other online travel agencies. The sky indeed has not fallen.

2 years ago

Disneyland Seeks Sweetheart Deal on Gate-Tax Waiver for Expansion

Disneyland Seeks Sweetheart Deal on Gate-Tax Waiver for Expansion

Associated Press

Disney has had a 20-year exemption from paying entertainment tax in Anaheim, California and wants to extend it another 30 years in exchange for a $1 billion expansion of Disneyland Resort. The rich get richer.

2 years ago