Posting Language
Title
Approve an ordinance amending City Code Chapter 11-2 to require short-term rental platforms to collect and remit hotel occupancy taxes (HOT) and to provide certain information if the platform collects payments on behalf of STR owners and to require short-term rental owners to provide HOT-related documentation. Funding: This item has no fiscal impact. Related to Item #39 and #40.
De
Lead Department
Development Services Department.
Fiscal Note
This item has no fiscal impact.
For More Information:
Marija Norton, CPA, Controller, (512) 974-2951, Marija.Jukic@austintexas.gov; Daniel Word, Assistant Director, (512) 974-6559, Daniel.Word@austintexas.gov.
Additional Backup Information:
If approved, this ordinance will add provisions to City Code Chapter 11-2 (Hotel Occupancy Tax) to require STR platforms to collect and remit Hotel Occupancy Tax (HOT) on behalf of their users. The ordinance would also require STR owners/operators to provide the City with documentation that shows how much HOT was remitted on their behalf by a STR platform.
Currently, individual STR owners are required to collect and remit HOT on a quarterly basis.