Revenue from the tax increase, estimated to be $3 million annually, will help fund the Birmingham Jefferson Civic Complex project.
A new car rental tax for Spain’s Balearic Islands has been postponed.
HB 585, legislation aimed at increasing Montana’s motor vehicle rental tax from 4% to 6%, was defeated after the House Transportation Committee heard concerns that the bill would affect small businesses and residents rather than out-of-state tourists.
The Sun Bowl officials want to increase the current 5% tax on rental cars to 9% in order to generate more revenue and stay nationally competitive.
HB 1993 was signed into law on March 6 to limit the “gross proceeds” in Virginia’s 10% motor vehicle rental tax.
The Orlando International Airport board decided to use the estimated $23 million a year funds from the rental car tax at the airport to fund the construction of a southern terminal. Meanwhile, a bill in the state's Legislature aims to allow counties to add a $3 per-day surcharge on rental transactions on top of the state fee.
Effective July 1, ‘gross proceeds’ in Virginia’s 10% motor vehicle rental tax excludes specific charges including cash discounts taken on a rental contract; finance, carrying, and other service charges; charges for motor fuels; charges for optional accidental death insurance and more.
HB 1993 removes parking fines, delivery charges, pickup charges, delivery charges, pass-through charges, transportation charges, third-party service charges and refueling surcharges from the definition of “gross products” included in Virginia’s 10% motor vehicle rental tax.
The proposal would increase the car rental fee to no more than 5.75% from the current 4.5% rate beginning Oct. 1, if approved.
Pending the mayor's signature, the tax in Marion County on rental car transactions will increase from 4% to 6%.
media brand
The secure and easy all-access connection to your content.
Bookmarked content can then be accessed anytime on all of your logged in devices!
Already a member? Log In
