July 12, 2016
Short-term rentals on Airbnb and online vacation sites would be taxed like hotel rooms under a bill being considered by Massachusetts lawmakers, with the money funneled into an expansion of the state’s earned income tax credit. The proposal, announced Tuesday as part of a broad economic development bill advanced by the Massachusetts Senate, would generate up to $20 million per year for the state by applying the 5.7 percent hotel excise tax to stays of 31 days or less at private residences. Home rentals would also be subject to a 2.75 percent state surcharge that finances the convention center and additional hotel taxes imposed by cities and towns, which can reach 6.5 percent in Boston and 6 percent elsewhere in the state….
Source: https://www.bostonglobe.com/business/2016/07/12/lawmakers-weigh-airbnb-taxes/mqVO5kOnDAHhECTuq6qkuO/story.html