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City leaders to vote over hotel occupancy tax rates for vacation rentals
Posted: 11:47 AM, Oct 10, 2019
Updated: 2019-10-10 14:10:20-04
City leaders look to finally get their piece of the lucrative short-term rental industry. https://www.kristv.com/news/city-leaders-to-vote-over-hotel-occupancy-tax-rates-for-vacation-rentals
CORPUS CHRISTI, Texas — City leaders look to finally get their piece of the lucrative short-term rental industry.
Next Tuesday, the city council votes on whether or not to collect hotel occupancy taxes from travel sites Airbnb and Home Away.
Those sites already collect a six percent state tax. Now they'll collect a nine percent city tax.
City staff estimates that over a two year period, the city missed out on almost 1.6 million dollars in revenue.
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