Airbnb to collect some Colorado taxes ... but not in Denver

January 24, 2017

 

Beginning Feb. 1, Airbnb will begin collecting some taxes on behalf of Colorado short-term rental hosts. But ... not all taxes. I'll explain.

 

So ... what does this mean for me?

 

Airbnb will collect a number of different state taxes on behalf of the host and then remit them to the Colorado Department of Revenue. If you've been collecting all these taxes on your own, this means come Feb. 1 you no longer have to do that.

 

What will they NOT collect?

 

Airbnb already has agreements to collect lodger's tax in Boulder, Snowmass Village, Steamboat Springs, Colorado Springs and Golden. But the company does NOT collect lodging tax for any other locality that has passed an Airbnb law. 

 

For instance, Airbnb will NOT collect the city lodger's tax required under Denver's Airbnb law and Aurora's recently adopted Airbnb law.

 

What will Airbnb collect?

 

Colorado sales tax

This is 2.9% of the listing price plus any cleaning fee. In fact, all of the below tax rates will apply to the combined listing price and cleaning fee. Deposits do not count in the taxable rate.

 

County lodging tax

Twenty-eight counties collect a lodging tax. Those rates range between 0.9% and 2.0%. (You can see a full list of those counties on page 3 and 4 of this Colorado Department of Revenue document.) Denver is NOT included in this list.

 

Local marketing district tax

There are six jurisdictions that collect a marketing tax. The cities of Estate Park, Steamboat Springs and Vail, and Alamosa County, Gunnison County and Moffat County. Rates range between 1.4% and 4%. (You can see the tax rate for your jurisdiction on page 3 of this Colorado Department of Revenue document.)

 

Certain local sales tax

There are a few local sales taxes collected by the state that range from 0.1% to 5%. See this CDOR document for more information.

 

Do you have a question about Airbnb or local real estate? Reach out today

 

 

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