Sarasota County, Airbnb agree on rental tax collections
Sarasota County has reached an agreement with online lodging and hospitality company Airbnb for the collection of Tourist Development Tax (TDT) for short-term rentals, a deal that will result in hundreds of thousands of dollars in new revenue for the county. The Sarasota County Commission Monday approved the voluntary collection agreement, in which the Sarasota County Tax Collector will begin the reporting, collection and remittance of applicable TDT funds, otherwise known as the “bed tax,” on Airbnb’s short-term rentals and accommodations starting May…