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Airbnb rental properties, like this one in Springfield, are contributing to the state’s bottom line.
SBJ file photo
Airbnb rental properties, like this one in Springfield, are contributing to the state’s bottom line.

Airbnb’s Missouri tax deal totals $306K in first month

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Airbnb remitted more than $306,000 in sales tax revenue during February, the first month of an agreement signed in January with Missouri officials.

The San Francisco-based online short-term housing rental company agreed to establish a 4.2 percent statewide sales tax rate on Airbnb bookings. The agreement also included individual county and municipal sales tax rates. Greene County maintains a 1.25 percent general sales tax rate, according to county documents, and the city of Springfield has a 2.1 percent general sales tax rate, according to city documents.

The amount Springfield contributed to the $306,000 total was not included in a news release, and a spokesman could not be reached for comment by deadline. Airbnb officials say if bookings replicated those of the previous 12 months, it would mean $1.1 million delivered to the state.

Airbnb previously announced Springfield ranked fifth statewide, with local hosts collecting about $749,000 via 8,140 arrivals in 2017. Branson placed third, with $2.24 million from 23,950 bookings.

In Springfield, City Council on March 12 sent a proposal on short-term rental regulations to the city’s Planning & Zoning Commission. The proposal would reduce fees for property owners compared with a previous version, according to Springfield Business Journal reporting.

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