Your informed intel:
The Legislature: Hawaii
The Bill passed: Hawaii’s HB 1850
The short term rental tax:
- Who is collecting the tax? The tax broker short term lease facilitator (HomeAway, AirbNb)
- Which taxes are being imposed? general excise tax & transient accommodations tax
- Supported by short ter rental companies? Yes
Concerns:
- Is there enough accountability for the sharing economy companies?
- Sharing economy companies should be held accountable for illegal camping, illegal rentals in homes, or any health or safety standards.
- The Response: The bill requires that sharing economy companies notify property owners that they must comply with land use laws
Pacific Business News | Airbnb tax broker bill passes state Legislature