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If an STR platform collects tax, is the Flagstaff owner finished with TPT compliance?

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Towson University

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Northern Arizona University

No. Flagstaff’s guidance says the owner/operator generally still reports gross receipts on the TPT return and deducts marketplace-collected receipts using deduction code 775; where no marketplace remits the tax, the owner must collect, report, and remit applicable TPT. Keep booking, fee, and remittance records and confirm the correct business and location codes for the property and filing period.

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If an STR platform collects tax, is the Flagstaff owner finished with TPT compliance? — Choose Your School | CollegeHousing.ai