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Airbnb reports $53.3 million in tax revenue in Arizona

Posted by   /  December 13, 2019  /  No Comments

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Independent Newsmedia

Airbnb, one of the world’s largest marketplaces for short-term rentals, has announced its community generated $53.3 million in tax revenue in the State of Arizona since the company began collecting and remitting applicable taxes in 2017.

This figure includes approximately $23.1 million remitted to the State of Arizona this year, from Jan. 1 through Oct. 31, according to a press release.

Arizona’s short-term rental law, passed in 2016, set clear, consistent standards allowing Arizonans to participate equally in home sharing and streamlined tax collection.

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  • Published: 8 months ago on December 13, 2019
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  • Last Modified: December 13, 2019 @ 9:59 am
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