Extends sales, use, and local lodging taxes to short-term rentals and mandates tax collection by platforms.

Ohio HB 16 amends existing tax laws to extend sales, use, and local lodging taxes to short-term rentals. The bill requires short-term rental platforms to collect these taxes from consumers. It defines key terms such as "short-term rental property" and "transient guests," and specifies the conditions under which a platform is considered a marketplace facilitator. The bill also outlines the process for determining the price of the rental and the conditions for tax collection.

Extends sales, use, and local lodging taxes to short-term rentals and mandates tax collection by platforms.

Ohio HB 16 amends existing tax laws to extend sales, use, and local lodging taxes to short-term rentals. The bill requires short-term rental platforms to collect these taxes from consumers. It defines key terms such as "short-term rental property" and "transient guests," and specifies the conditions under which a platform is considered a marketplace facilitator. The bill also outlines the process for determining the price of the rental and the conditions for tax collection.