Vacation-rental platform Airbnb has released its annual Florida tax report, which showed that the company collected and remitted more than $136.7 million in tax revenue to Florida state and local governments on behalf of its hosts in 2019, including $97.1 million in sales tax revenue—up from $89.5 million in tax revenue (and $62.5 million in sales tax revenue) in 2018. Airbnb vacation rental hosts throughout Florida earned a combined $1.2 billion in supplemental income through the platform, according to the new report.
The company also has bed tax agreements in place in 44 of Florida's 67 counties; in 2019, it submitted $39.7 million in local bed tax revenue, up from $27 million in 2018. In 2018, Sarasota County accounted for $1.8 million of that sum. You can read our story about how the vacation-rental platform is affecting local neighborhoods here.