Welcome to our FAQ! To find answers to your questions, please use the search feature below or browse the Featured Questions and Top 20 FAQs. If a FAQ does not answer your question, you can email our office for assistance by clicking on a specific FAQ, then clicking "I need more information about this subject" at the bottom of the answer.
|Back to Search Results|
|Tourist Development Tax|
|Are there any discounts for timely remittance and payment?
This answer has been viewed 2219 times and was last updated on 09/15/2017.
|Print this page|
Yes. If you remit electronically and on a timely basis, you can take a collection allowance of 2.5% of the tax collected. The maximum collection allowance is $30.00 per month.
Rent $ 1,000.00
Tourist tax $ 50.00
Collection allowance $ 1.25 (2.5% of $50.00 tourist tax)
Total due $ 48.75 (tax amount of $50.00 less collection allowance of $1.25)
If you remit paper coupons and/or pay by check, you cannot take the collection allowance.
|Users who viewed this answer also found the following helpful:|
Who is required to pay tourist tax?
Are there any additional taxable items when calculating tourist tax due?
At times during the year, my property is used by family or friends. Am I required to collect tourist tax?
Which renters, if any, are exempt from paying tourist tax?
How often is tourist tax remitted?