Quebec to tax Airbnb listings starting Oct. 1
Airbnb will automatically collect 3.5% on bookings
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MONTREAL — Airbnb and the province of Quebec have announced what is being called a first tourist tax agreement on short-term rentals in Canada.
Quebec Tourism Minister Julie Boulet and officials with the Canadian arm of the home-sharing platform made the agreement official today.
Beginning Oct. 1, Airbnb will automatically collect and remit a 3.5 per cent lodging tax on bookings.
Airbnb’s Alex Dagg says the deal is a first for a Canadian jurisdiction and she adds it underlines just how the company and a province can work in tandem.
The company says nearly one million people used the service in Quebec in the last year alone and it estimates the province would have recouped $3.7 million in 2016 had the tax been in place.
Quebec implemented a law in April 2016 regulating properties on Airbnb and other home-rental websites.
Read more:
- Tax tips for Airbnb hosts
- 4 tips for homeowners supplementing income with Airbnb
- Would you pay $10,000 per night for an Airbnb?
- 5 ways to make bank with your Airbnb
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