If approved at the next council meeting, Collingwood will be charging a municipal accommodation tax on short-term rentals, hotels/motels and bed and breakfasts in town, expecting to bring in between $900,000 and $1.2M annually, funnelled into tourism
Town staff have laid the groundwork to bring a municipal accommodation tax to Collingwood.
During their committee of the whole meeting on Nov. 18, councillors got a first look at a new municipal accommodation tax (MAT) for the municipality, which will charge four per cent tax on all short-term rentals, hotel/motel stays or bed and breakfasts.
The move is expected to bring in between $900,000 and $1.2 million per year to the town coffers, which would then be split between the…
