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Maureen Salahshoor Denver, CO
A Virginia law spelling out new requirements for accommodations intermediaries, including short-term rental marketplaces such as Airbnb and Vrbo went into effect on October 1. Previously, when accommodations intermediaries collected lodging taxes from guests, they either submitted them to the Virginia Department of Taxation, local authorities, or in the case of hotels, to the hotel where the tax was collected, depending on circumstances. Now, intermediaries are required to collect taxes and remit them only either to the Department of Taxation or local authorities, depending on the tax. The new law specifies that intermediaries are liable for remitting lodging taxes. Previously, intermediaries were not liable for taxes they collected and remitted to an accommodations provider rather than tax authorities. The law broadens the definition of accommodations intermediary to mean... MORE: http://avlr.tax/PfgB50Lh2BM
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