VRMA

    Powered By:

    Vancouver's Tourists to Pay New Tax Until 2030 to Cover FIFA World Cup Costs

    Visitors to Vancouver, Canada, now have an extra fee tacked on to their short-term rental bills to cover the costs the city will pay for hosting the 2026 FIFA World Cup. The 2.5 percent Major Events Municipal and Regional District Tax applies to all short-term accommodation sales within Vancouver, and will be in effect until 2030. The tax will be assessed on all visitors regardless of their reasons for visiting, according to the Ministry of Finance. Travelers purchasing lower-priced rooms will pay less than those purchasing higher-priced rooms, as the “modest fee” will reportedly amount to $2.50 for every $100 spent. The province of British Columbia says there will be protections to ensure the amount received is channeled into event costs exclusively.

    Daily Hive (01/30/23) Claire Fenton

    Read More

    Recent Stories
    LA City Council Approves Law Requiring STR Hosts to Get Police Permits

    Maui Mayor Proposes Bill Amendment to Make STRS Available for Displaced Wildfire Survivors

    Officials and Residents Discuss Future of Short-Term Rental Policy in Ithaca