|
Persons
who rent their residence to others on a short-term basis may be required to
collect Iowa state hotel/motel excise tax and any applicable local hotel/motel
tax. Anyone renting lodging to others, when contracted for periods of 31
consecutive days or less, must charge 5% Iowa state excise tax on that
rental. In addition, if the city or county where the residence is located
has imposed a local hotel/motel tax, that must be collected as well. Those who use online services, such as HomeAway and Airbnb, to rent to others
should be aware of their potential tax responsibilities.
For
additional details, please see https://tax.iowa.gov/hotelmotel-tax-0.
For a listing of localities imposing hotel/motel tax see Current hotel-motel jurisdictions and rates.
|
