New Jersey looks to tax Airbnb, other online room rentals

Homeowners in New Jersey who offer rooms through online sites such as Airbnb would have to pay the same taxes and fees as hotels and motels under a bill that's being introduced in the Assembly. Democratic

News 12 Staff

Jul 28, 2016, 1:46 AM

Updated 2,815 days ago

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New Jersey looks to tax Airbnb, other online room rentals
Homeowners in New Jersey who offer rooms through online sites such as Airbnb would have to pay the same taxes and fees as hotels and motels under a bill that's being introduced in the Assembly.
Democratic Assemblywomen Annette Quijano of Union County and Valerie Vainieri Huttle of Bergen County say they want to level the playing field and provide the state with a much needed revenue boost.
Under current law, the state imposes a 7 percent sales tax and 5 percent hotel and motel occupancy fee on hotel room rentals. Towns can also impose local hotel occupancy taxed of up to 6 percent. However, the state does not impose the taxes and fees on short-term rentals in other types of real property.
Huttle says websites have changed vacation rentals.


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