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TDT

Sarasota County, Airbnb agree on rental tax collections

in The Bay and the 'Burg/Top Headlines by

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…

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Pinellas tourist development tax on its way up to 6 percent

in The Bay and the 'Burg/Top Headlines by

For the first time in roughly 10 years, Pinellas County will be raising its 5 percent tourist development tax (TDT). The increase, which is expected to be approved by the Board of County Commissioners after a public hearing at their Aug. 4 regular meeting, will bring the TDT to 6 percent, and go into effect on Jan. 1, 2016. The move, according to county documents, is projected to generate an additional $7 million per year for the county — money…

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