A transient room tax of 3% is imposed on the rent for every occupancy of a suite, room, or rooms, charged by all entities doing business as motor courts, motels, hotels, inns, or the like or similar accommodations businesses.
Payments are to be made quarterly for periods ending March 31, June 30, September 30th, and December 31st of each year. The tax is due and payable on or before the last day of the month following the last day of each quarterly period and must be submitted with the Quarterly Return of Transient Room Tax.
In consideration of collection and bookkeeping expenses, the entity subject to and collecting restaurant tax can deduct a commission of two percent (2%) of all such taxes collected.
This tax does not apply to the rental or leasing of an apartment supplied by an individual or business that regularly holds itself out as exclusively providing apartments.
For more information, please call the Finance Office at (859) 986-7218.