October 17, 2016
Local homeowners may soon be paying taxes and fees on the rooms they rent to travelers. Memphis City Council is expected to vote Tuesday on an ordinance that at least one government watchdog group is reviewing. The proposed ordinance requires homeowners to pay $100 for a permit and pony up 3.5 percent of the room charge and $2.00 for each night of the rental. The tax and $2.00 fee are commonly passed along to guests….
Source: http://www.localmemphis.com/news/local-news/city-council-to-vote-on-short-term-rental-taxes
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