Florida Tax Revenue Generated Through Airbnb Totaled $89.5 Million Last Year

Thanks to an agreement hammered out in 2017, the company last year transferred $1.1 million to Sarasota County on behalf of its hosts.

By Staff January 30, 2019

An Airbnb dinner offered through its 'Experiences' program

Airbnb last year collected and paid out more than $89.5 million in tax revenue to Florida state and local governments on behalf of its hosts, up from $45.7 million in 2017. The company collected and paid $62.5 million in sales tax revenue to the Florida Department of Revenue last year and another $27 million to local governments. The company transferred $1.1 million to the office of Sarasota County Tax Collector Barbara Ford-Coates. Airbnb and Sarasota County agreed in 2017 to let the company collect Tourist Development Tax money on short-term Airbnb rentals and then pay the county on behalf of its hosts. The Tourist Development Tax is a 5 percent charge on revenue from rentals of six months or less.

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