Beach enclave’s crippling tax on vacation homeowners spectacularly backfires

Beach enclave’s crippling tax on vacation homeowners spectacularly backfires

San Diego’s crippling tax on vacation homeowners has spectacularly backfires as it emerges it is losing around $10 million per year. Hundreds of short-term rental property owners are simply not paying the Transient Occupancy Tax (TOT). The tax, which ranges from 8% to 13.75% and impacts platforms like Airbnb and VRBO, applies to stays of … Read more