PowerPoint Presentation · of short-term rentals GOVERNMENT RELATIONS Fair taxation laws &...
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Transcript of PowerPoint Presentation · of short-term rentals GOVERNMENT RELATIONS Fair taxation laws &...
Market
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Source: STR
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H O T E L A S S O C I A T I O N . C A
PARALLEL STRATEGIES
PUBLICRELATIONS
General publ ic: provide a reasoned opposit ion to the commercial ization
of short-term rentals
GOVERNMENTRELATIONS
Fair taxation laws & regulatory
requirements to even the playing f ield
QUEBEC, CANADACollection of 3.5% Lodging Tax
ICELANDValue Added Tax
NORWAYValue Added Tax
UNITED STATES(Various Locations)
Occupancy Tax Collection
JAPANJapanese Consumption
Tax
CHINAValue Added Tax
AUSTRALIAGoods and Services Tax
NEW ZEALANDGoods and Services Tax
SWITZERLANDValue Added Tax
ALBANIAValue Added Tax
SOUTH AFRICAValue Added Tax
INDIAValue Added Tax
MEXICOLodging Services Tax
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San Francisco
• Established registration system to track
home-sharing, causing Airbnb listings to
drop to almost half overnight (10,000 –
5,500)
• Airbnb required to delist all homeowners
who did not register with the city
• Limited to principal residences and a 90-
day cap
CASE STUDY
VancouverCASE STUDY
• Restricted to Principal Residence
• Licensing requirement
• Fine for listing without a license – up to
$1,000 per day
• If renting, landlord must allow you to
sublet your home as a short-term rental
Toronto (Not Yet in Force)
• New regulations will limit short-term rentals to principal
residences
• An entire home can be rented while resident is away, to
a maximum of 180-nights per year.
• Secondary suites, including basement suites, were
banned from listing.
• Homeowners are required to register with the City and
pay a $50 annual fee.
• Platforms required to become licensed and pay annual
fee ($5,000) and $1 per night booked through the
platform.
• Platforms required to verify all listings and de-list illegal
listings
• Platforms required to mitigate neighborhood nuisances
CASE STUDY
REGULATORY
PROCESS
ACCOMMODATION
TAX
PROVINCIAL
TAX
BRITISH
COLUMBIA
VICTORIA
VANCOUVER
TORONTO
OTTAWA
QUEBEC
Airbnb
Only
Airbnb
Only
Airbnb
Only
HIGHLIGHTS
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