“This initiative will provide additional revenues to address housing affordability and it improves tax fairness for all British Columbians,” said Finance Minister Carole James.
Airbnb to collect sales taxes on rentals; money will go to affordable housing |
The B.C. government will allow Airbnb to collect provincial sales taxes on short-term rentals, which Finance Minister Carole James said will help fund affordable housing. Once legislation is put into place, Airbnb will be able to collect eight per cent provincial sales tax and up to three per cent i…