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Airbnb has capitulated to lawmaker demands over its operations in New York City, agreeing to drop a legal challenge against newly passed legislation. The suit disputed a recent state law calling for fines up to $7,500 for illegally listing short-term offerings on online rental platforms such as Airbnb.
The Economic and Food Safety Authority (Autoridade de Segurança Alimentar e Económica – ASAE) has developed a detailed form for agents to use when inspecting compliance requirements of Local Lodging establishments. This development marks a more active approach towards implementing current legislation.
The lawmakers are tweaking the fine print: Law no. 63/2015 changes certain details in the application process for Local Lodging. The new law defines the documentation when assigning the activity over to a third party. It also clarifies when more than nine units may be run by the same agent; and defines Hostels more clearly.
The Government is tying up some loose ends: Home owners who rent out their property to tourists, have to prove to the City Hall until December 28, 2014 that they registered their activity with the Tax Office, otherwise they risk losing the Local Lodging License (Alojamento Local). This way, the state wants to make sure it receives taxes from all businesses. Talk to us today, we'll assist you and make sure things are ok!