A commission appointed by the Norwegian government recently released a report which showcases the positive impacts of the sharing economy, for local people and their communities and the country’s tourism industry.
The commission was established to research and deliver recommendations as to how to address the sharing economy and deal with taxation and regulations. Recommendations of the commission include advice on simplified tax treatment and more guidance on tax rules.
Airbnb is keen to be a good partner in this discussion as we want everyone in Norway to be able to benefit from home sharing. Since 2014, Airbnb has collected over $175 million in hotel, tourist and occupancy taxes in 220 jurisdictions worldwide. In some cities, this is a significant source of tax revenue, and one that is likely to only grow larger as the Airbnb community continues to grow.
James McClure, Country Manager for Northern Europe at Airbnb said:
“We welcome this report, which highlights the benefits Airbnb brings to families and communities in Norway. We want to be good partners to everyone in Norway and look forward to working with officials on progressive tax rules for families who share their homes.”
Across Norway, Airbnb hosts who occasionally share their homes do so to generate a little extra income to help make ends meet. On average, hosts earn kr22,650 and host for 26 nights a year, less than 3 nights a month.
The main conclusion from the commission is that the sharing economy is a positive development for Norway. They reported that the Norwegian government should support it and encourage initiatives to help promote the sharing economy on national and local level to benefit all Norwegians. Airbnb welcomes this conclusion and is looking forward to collaborating with the Norwegian government develop fair and progressive tax rules.
You can read more on the Sharing Economy Review here.