Airbnb to ensure Filipino hosts meet government tax obligations – Manila Bulletin

0

Airbnb, the world’s leading online marketplace for tourist accommodation booking platforms, said it will help Filipino hosts meet their tax obligations to the government.

This has developed as the government implements policies and measures that require establishments to register and ensure the safety and tourism of tourist establishments and travelers during the pandemic.

“We continue to work with Filipino hosts on Airbnb to help them understand and meet their tax obligations,” Airbnb said in a statement.

Airbnb said it is committed to working with the Philippine government to promote tax laws that align with the recommendations of the Organization for Economic Co-operation and Development (OECD) regarding taxes on the digital economy.

“Airbnb supports the work of the OECD to reform the global tax system and believes that a fair and modern tax system is good for all stakeholders,” the statement added.

A recent Airbnb survey conducted for its Filipino community found that 57% of Airbnb hosts said the income they earned from accommodation helped them stay at home, and more than half want to find more ways to host with Airbnb.

He added that while the short-term rental industry is a fairly new phenomenon in the Philippines, it is already playing a key role in helping to create a more diverse and resilient tourism sector, while encouraging entrepreneurship and supporting jobs across the country.

Importantly, hosts on Airbnb are committed to helping accelerate the recovery of the broader tourism industry when returning from travel.

Over a third of Filipino Airbnb hosts share recommendations with customers on their favorite local restaurants and businesses in their community. He cited an Oxford Economics study that estimated that in 2019, Airbnb customers visiting Manila spent around $ 257 million and directly supported nearly 16,000 jobs.

Airbnb supports government initiatives to boost the national economy during this difficult time, in particular by stimulating the recovery of tourism by empowering micro, small and medium enterprises (MSMEs) which make up 99% of the local economy. Accommodation is an economic lifeline for thousands of Filipinos on our platform.

Likewise, Airbnb has said it is complying with the policies and measures put in place by the Philippine government and the Department of Tourism (DOT) to help keep tourist establishments and travelers safe during the COVID-19 pandemic. “We support DOT’s efforts on accreditation of tourism establishments and have worked closely with DOT to encourage and equip hosts to apply for relevant accreditation online through the DOT’s online accreditation system,” said Airbnb.



SUBSCRIBE TO THE DAILY NEWSLETTER

CLICK HERE TO SIGN UP


Source link

Share.

About Author

Leave A Reply