November 28, 2016
Toronto would become the first city in Canada to slap a tax on short-term rentals like Airbnb if Mayor John Tory wins support from council. Some see the tax as a gateway to more Airbnb regulations, something the city is expected to discuss next year. Thorben Wieditz, a researcher with UNITE Here Local 75 and a member of the Fairbnb Coalition pushing for regulation, said the tax is only “one piece of the puzzle.” “We should also remind ourselves that a lot of these people don’t pay their fair share in terms of taxation and property taxes,” he said of Airbnb hosts. Wieditz said the tax should be tied to a licensing system and sites should be accountable when people violate the rules….
Source: http://www.metronews.ca/news/toronto/2016/11/28/mayors-proposed-tax-on-short-term-rentals-canadian-first.html
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