A bill that would have quadrupled property taxes for thousands of short-term rentals in Colorado is set to be significantly watered down next week, according to the bill’s sponsor. Since Sen. Chris Hansen, D-Denver, proposed the bill in the fall, AirBnB, VRBO and other short-term rental owners have rallied against the idea, saying it would devastate the tourism economy that ski towns rely on. Senate Bill 33 proposed classifying any property used as a short-term rental for more than 90 days per year as a lodging property beginning in 2026.

BING NEWS:
  • The A-Z of new taxes in the 2024 Finance Bill
    To fund this plan, the government hopes to collect Sh3.354 trillion from taxes. This will be made ... that facilitates the exchange of a short-term engagement, freelance or provision of a service ...
    05/28/2024 - 11:02 pm | View Link
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