With about 2 million cruise ship passengers stopping by St. Thomas annually, probably the most properly-recognized of the U.S. Virgin Islands teems with day-trippers jamming the roads, the seashores, and the restaurants. There is no commercialism on the ocean front, however there are various seaside vacation actions shut by, such as Pawleys Island golf courses and other Litchfield Beach activities Come dig your toes into the white sand of our broad beaches, which our company tell us again and again are among the prettiest in the world (the seashores, not your toes).
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On March 17, the legislature’s Joint Committee on Revenue gave a good report back to a newly redrafted model of the invoice, which would set up a brand new category of residence for taxation functions referred to as a transient accommodation.” It would additionally empower the Commonwealth to collect a 5% tax on the rental fees of properties so outlined, and give cities and towns the choice of levying an extra 6% tax on the rentals.
NOW, THEREFORE, BE IT RESOLVED, that the U.S. Conference of Mayors urges support for financial development alternatives by means of the visitors trade by encouraging laws of the brief-term rental industry that (1) establish a reliable manner for the municipality to determine and get in touch with the brief-term rental owner; (2) make the tax collection and remittance obligations clear to the brief-term rental proprietor; and (3) treat short-time period rental tenants the same as lengthy-term rental tenants.