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Nashville collects an additional $2.8M in short-term rental revenue in first year

Millions in revenue over a single year

Voltooid

Without an effective system to identify STR addresses and owners, Nashville’s Finance Department was struggling to collect accurate taxes from more than 4,500 local short-term vacation rentals (STRs). Host Compliance enabled staff to identify STRs and educate hosts about local laws, encouraging them to pay applicable taxes. Staff collected $2.8 million more in tax revenue from STRs in their first year of using the software.

Finance Revenue Management Tax and Fee Assessment & Collection

Granicus

Betrokken overheden

Nashville, TN

United States

Producten

Granicus Host Compliance

One platform to handle all your community's short-term rental registration, tax collection, and enforcement needs.

Leveranciers

Granicus

Granicus provides technology that empowers government organizations to create better lives for the people they serve.

Links

How the Finance Department Increased Tax Collection by $2.8 Million with Host Compliance | Granicus

Nashville’s Finance Department was struggling to collect accurate taxes from over 4,500 short-term vacation rentals (STRs) without an effective system to identify STR addresses and owners. Host Compliance enabled staff to identify STRs and educate hosts about local laws, encouraging them to pay taxes. Staff collected $2.8 million more in tax revenue from STRs in their first year of using the software.

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