In 2015, we made a historic commitment to America’s mayors, county boards and governors to work with them toward tax partnerships that allow hosts in the growing home sharing sector to easily pay their fair share.
Since then, we’ve made good on that pledge. In May, we announced that we had entered into agreements with over 275 jurisdictions and collected and remitted more than $240 million in hotel and tourist taxes throughout the world.
Today we built on that progress with the announcement of tax agreements with two large Midwestern states — Wisconsin and Michigan — that will allow us to collect and remit taxes on behalf of 8,200 combined hosts.
These developments reflect the most concrete examples yet of our ongoing tax momentum throughout the Midwest. In 2016, Illinois became the first Midwestern state to come to an agreement with us on collecting and remitting state lodging taxes, which was followed by a similar deal with Kansas earlier this year.
But we’re not done yet. Earlier this year, we announced a tax agreement with Madison — the largest home sharing city in Wisconsin — that allows us to collect and remit their local occupancy taxes on behalf of our 400+ Madison hosts. We hope to continue collaborating with mayors in Wisconsin, Michigan and throughout the Midwest to help them collect any local taxes unique to their cities and unlock new revenue.
We know that being a good partner to local governments starts with helping them take full economic advantage of home sharing growth through these collaborative tax agreements. As we embark on providing a platform for our hosts to advocate for clear, fair home sharing rules, we’ll continue to prioritize getting these tax deals signed and sealed so that we can deliver even more revenue to counties across the Midwest.