Airbnb signs multiple tax agreements in Ontario
As of October 1, Airbnb is pleased to be implementing several tax agreements across Ontario – including in Mississauga, Brockville and Greater Sudbury.
The agreements will allow Airbnb to collect and remit the four-per-cent municipal accommodation tax on behalf of its hosts in these communities. Effective October 1, Airbnb will automatically collect and remit the tax on all Airbnb bookings, making the process seamless and easy for both hosts and municipal governments.
“This is a significant milestone for Airbnb in Ontario,” said Alex Dagg, Public Policy Director for Airbnb in Canada. “At a time when communities are working hard to stretch every dollar, we can be valuable partners in strengthening local economies that are embracing home sharing.”
Airbnb has partnered with more than 500 governments around the world to collect and remit taxes. October 1 also marks the first day Airbnb will be collecting and remitting the provincial sales tax and the municipal regional district tax in British Columbia.
October 1 also marks the first year anniversary of Airbnb collecting and remitting the tax on lodging in the province of Quebec. The platform remitted $2.8 million to the province in the first six months of the agreement.