DALLAS - Airbnb collected $24 million in short-term rental taxes in Texas over the last year - the second year since it reached an agreement with the state to collect the money from guests.
That's a 57% increase over taxes collected in the first year of the agreement, according to Airbnb. Last year, the company sent $15.3 million to the Texas Comptroller's Office, where it's mostly allocated to the state's general revenue fund.
Airbnb collects a 6% tax from people who booked in Texas and returns that revenue to the state.
The increase in tax revenue reflects the home-sharing service's growth in Texas, according to a spokesperson for the company. And that could be good news for cities looking to strike tax collection deals with Airbnb.
The company said it is "currently engaged in conversations with additional Texas municipalities," though it didn't offer specifics.
The company has been making deals with cities to also collect local hotel taxes on behalf of hosts. For example, Airbnb recently reached agreement with Plano, where hosts have to pay an additional 7% short-term rental tax.
"We ... look forward to replicating this model with additional counties and cities throughout Texas," Airbnb's senior policy director Laura Spanjian said in a statement.
Cities and homeowners across the U.S. have accused Airbnb in recent years of turning short-term rental properties into hotels with little regulation or benefit to local governments.
North Texas Airbnb hosts welcomed a combined 466,000 guests last year and brought in $6,800 in additional income on average.
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