Our View: A Beneficial Tax
By: Cape Cod Chronicle
For years local officials have been discussing imposing a tax on short-term rentals as a way to even the playing field between the summer rental of private homes and hotels and motels, which now must pay a state-imposed room tax. The rooms tax is currently 5.7 percent, and local towns can add up to 6 percent, though few charge up the limit. Chatham, for instance, currently applies a 4 percent tax to hotel and mot...