{"id":1996207,"date":"2023-08-10T01:47:54","date_gmt":"2023-08-10T05:47:54","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/la-collects-over-275-million-in-taxes-from-airbnb-hosts-in-7-years\/"},"modified":"2023-08-10T01:51:10","modified_gmt":"2023-08-10T05:51:10","slug":"la-collects-over-275-million-in-taxes-from-airbnb-hosts-in-7-years","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/la-collects-over-275-million-in-taxes-from-airbnb-hosts-in-7-years\/","title":{"rendered":"LA has collected $275M in taxes from Airbnb hosts in just 7 years."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">26<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fla-collects-over-275-million-in-taxes-from-airbnb-hosts-in-7-years%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1996207&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>The\u2062 City\u2062 of Los Angeles Collects Over $275 Million in Lodging Taxes<\/h2>\n<p>The City of Los Angeles has recently made a significant financial \u2062gain, collecting an impressive sum of over $275 million in lodging taxes. This achievement\u200d comes \u2062after the\u200d city entered into a <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/la-collects-over-275m-in-taxes-from-airbnb-hosts-in-7-years\/\" title=\"LA has collected more than 5M in taxes from Airbnb hosts in just 7 years.\">voluntary tax collection agreement<\/a> with the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/la-collects-over-275-million-in-taxes-from-airbnb-hosts-in-7-years\/\" title=\"LA has collected 5M in taxes from Airbnb hosts in just 7 years.\">popular online accommodation platform<\/a>,\u200b Airbnb. The announcement was \u2064made by city officials on August 9th.<\/p>\n<h3>Transient \u200dOccupancy Tax and \u2063Online Travel Companies<\/h3>\n<p>Under the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/democrats-jump-ahead-of-police-on-motive-blame-trump-for-atlanta-mass-shooting-that-killed-eight\/\" title=\"Democrats Jump Ahead Of Police On Motive, Blame Trump For Atlanta Mass Shooting That Killed Eight\">official term<\/a> of the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/feminists-condemn-installation-of-marilyn-monroe-statue-as-misogynistic-claim-it-was-designed-to-look-at-her-crotch\/\" title=\"Feminists Condemn Installation Of Marilyn Monroe Statue As \u2018Misogynistic,\u2019 Claim It Was Designed \u2018To Look At Her Crotch\u2019\">transient occupancy tax<\/a>,\u200d online travel companies like Airbnb\u200c are responsible for collecting and remitting taxes on the discounted rates offered to travelers. This tax is crucial for the city&#8217;s revenue and helps \u2062support various public services and infrastructure.<\/p>\n<p>The voluntary\u2062 tax collection \u2062agreement between the City of\u200b Los Angeles and Airbnb has proven to be highly successful, resulting \u200din a substantial financial boost for the city. Over the course of almost seven \u200cyears, from August 2016 to June 2023, the city has managed to accumulate an impressive\u2062 sum of over $275 million in lodging taxes.<\/p>\n<p>This achievement highlights the importance of collaboration between\u200c <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-administration-rushes-appeal-against-court-ruling-in-effort-to-keep-censorship-regime-intact\/\" title=\"Biden admin swiftly appeals court ruling to maintain censorship regime.\">online\u200d platforms<\/a> and local governments. By working together, both\u2064 parties can ensure \u2063the fair collection of taxes and contribute to \u2064the\u200b overall growth and development of the city.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The City of Los Angeles received over $275 million in lodging taxes from August 2016 to June 2023 through a voluntary tax collection agreement with Airbnb. Online travel companies, under the transient occupancy tax, collect and pay the tax on reduced rates. Officials announced this on Aug. 9.<\/p>\n","protected":false},"author":410,"featured_media":1996208,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[543],"tags":[],"class_list":["post-1996207","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-epoch-times"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1996207","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/410"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1996207"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1996207\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1996208"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1996207"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1996207"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1996207"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}