One factor you may be sure of on this powerful financial system is that if you will discover a strategy to make a couple of additional bucks, some degree of presidency will discover a strategy to tax it.
People have been getting cash renting out their properties by means of Airbnb.
I met folks in a cruise ship who had used Airbnb in a number of international locations.
Some have been good experiences, some not so good, and so they supplied recommendation.
People renting Airbnb lodging in Quebec will quickly be contributing to the provincial financial system: a three.5 per cent lodging tax to the province.
It’s a first for Canada.
Quebec would have collected almost $four million within the final 12 months, had they considered it sooner.
In some American states, cities gather a two per cent Airbnb tax.
About 300 jurisdictions world wide gather Airbnb taxes.
Did I point out Quebec is the primary one in Canada?
Oh, that little clicking sound you heard within the background – that was the ears of the Alberta NDP perking up.
There is one thing past the carbon tax, in spite of everything.
How lengthy will it take them to permit native Airbnb operators the privilege of contributing to the provincial coffers?
Let me know what you suppose.
Bob Layton is the information supervisor of the Corus Edmonton group of radio stations and a commentator for Global News.
© 2017 Global News, a division of Corus Entertainment Inc.