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The screaming and gnashing of teeth are non-stop in this vacation destination. Second homeowners, scrambling to get the $1,000,000 of liability insurance are crying over the returning renters who are complaining about the increase in their total cost. The tax is 12.45% here for short-term home rentals, inns, B+Bs with more than 3 rooms, motels, hotels. Only 5.7% of the 12.45% goes to the state while 4% goes to the town and the remaining 2.75% goes to the water commission for appropriate wastewater/water quality projects.Owner-occupied B+B's with 3 or fewer rooms who have breakfast included in the room rate are exempt from collecting the tax. It's business as usual here.
The screaming and gnashing of teeth are non-stop in this vacation destination. Second homeowners, scrambling to get the $1,000,000 of liability insurance are crying over the returning renters who are complaining about the increase in their total cost. The tax is 12.45% here for short-term home rentals, inns, B+Bs with more than 3 rooms, motels, hotels. Only 5.7% of the 12.45% goes to the state while 4% goes to the town and the remaining 2.75% goes to the water commission for appropriate wastewater/water quality projects.
Owner-occupied B+B's with 3 or fewer rooms who have breakfast included in the room rate are exempt from collecting the tax.
It's business as usual here.
