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Airbnb Reaches Agreement With Texas On Hotel Occupancy Tax

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Airbnb rentals in Texas will begin collecting and remitting 6% hotel occupancy tax on May 1. In an agreement reached between the home-sharing company and the state, cities will now collect the same HOT tax from home rentals as they do from hotel rooms, the Houston Chronicle reports

Airbnb has about 26,000 hosts in Texas. The average host earns $4,800 annually in home-sharing revenue. 

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