If you’re a resident of Quebec, and a BIG fan of Airbnb, get ready for yet ANOTHER TAX on something you love to use!
The province is poised to become Canada’s first region to regulate Airbnb. Legislation was proposed Thursday would make owners of rentals being made available to tourists and travellers subject to the same rules that hotels and bed-and-breakfast operators must adhere to.
If the legislation passes, Airbnb will be charged the provincial hospitality tax that is currently paid by hotels, which can range from 2 – 5% depending on the location.
Anybody caught violating regulation would be fined $500 – $100,000 with a $200,000 fine for repeat offenders.
Should Ontario follow suit? Is it about time the government regulate this to protect the travel and hospitality industry? Is Airbnb the “uber” of the rental industry? Would regulation and taxation keep you from using Airbnb?
The Globe & Mail provides a more thorough account of the story HERE.