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Finance committee forwards ordinance updating transient-occupancy tax reporting for short-term rental intermediaries
Summary
The committee voted to forward an ordinance that aligns city transient-occupancy tax procedures with recent state legislation requiring accommodations intermediaries to remit taxes and provide reporting; confidentiality limits some local data sharing.
The Winchester City Finance Committee voted to forward an ordinance that updates the city's transient-occupancy tax (TOT) rules to match recent state legislation requiring accommodations intermediaries to collect and remit TOT and to provide reporting to the locality.
Powell, a staff presenter, told the committee the change "is a seemingly very simple and straightforward change to transient occupancy tax" but reflected years of work at the General Assembly level to bring large accommodations providers into compliance. He said hosts who use intermediaries such as short-term-rental platforms…
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