Here's a peek at the plan to garner more 12th & Oak revenue AND convince voters that city hall politicos are doing something about longstanding complaints.
Check-it . . .
The auditor's office also estimated the city would have collected about $354,000 in hotel, motel occupancy fees over the same period.The audit notes the city’s ability to assess and collect the C&T tax on short-term rentals is dependent upon the state legislature changing state law to be consistent with other Missouri cities collecting similar convention and tourism taxes.
In contrast, the Kansas City, Missouri, City Council, with voter approval, could establish an occupancy fee for short-term rentals. The audit recommends the mayor and City Council continue their legislative priority to change the state statute that limits Kansas City’s ability to tax short-term rentals like other businesses in the accommodation industry.
Read more via www.TonysKansasCity.com links . . .
Kansas City Auditor's Office release audit assessing taxes, fees on short-term rentals
KANSAS CITY, Mo. - The Kansas City Auditor's Office released an audit Tuesday that focused on the impact short-term rental activity has on the city's convention and tourism taxes and fees. The definition of a hotel in Missouri state statute does not prevent the collection of the Hotel, Motel Occupancy Fee from short-term rentals in Kansas City.
Kansas City misses out on $2.3M in short-term rental taxes
KANSAS CITY, Mo. - Changes are needed for Kansas City to fully benefit from the city's short-term rentals, according to the city auditor's office. The office examined the impact short-term rentals have on the city's convention and tourism taxes and feeds.
Developing . . .
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