Alaska Seeks to Tax P2P Carsharing Companies
House Bill 102, dubbed the "Vehicle Rental Modernization Act," would generate additional revenue for the state's general fund.
Currently, about 700 Alaskans rent out their vehicles on the Turo app.
Photo via Gillfoto/Wikimedia.
Representatives in Alaska are currently considering a bill that would allow the Department of Revenue to collect taxes on peer-to-peer carsharing transactions, The Northern Light reports.
House Bill 102, dubbed the "Vehicle Rental Modernization Act," would generate additional revenue for the state's general fund.
The House Labor and Commerce Committee recently heard from both sides of the aisle, with a representative from Turo stating that the company is not against being taxed, but would like to work out a taxation framework. Currently, about 700 Alaskans rent out their vehicles on the Turo app.
Enterprise Holdings voiced its support for the bill, with a representative telling lawmakers the rental company wants to ensure fair competition.
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