Overview of Municipal Accommodation Tax
- New legislation came into effect December 1, 2017 that allows municipalities the ability to implement a Municipal Accommodation Tax (MAT).
- If adopted, unless otherwise exempt, all transient accommodators operating within Dryden’s municipal boundary would be obliged by law to collect and remit the MAT on all room revenue sold for overnight accommodation.
- Purchases that consist of accommodation that is not short-term in nature cannot be taxed.
- The regulations require municipalities to share 50% of the revenues from the tax with an eligible tourism entity.
- The eligible tourism entity must use the revenue they receive for the exclusive purpose of promoting tourism. Link to full Ontario Legislation
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