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July 2, 2014

Aspen now gets a cut from online home rentals

  • Aspen is not the only city working to tax this new approach to lodging.
  • ASPEN, Colo. (AP) — Aspen officials once estimated they were losing $100,000 a year in tax revenue to independent rental websites like Airbnb.

    Now the city says it's getting some of that money back by issuing licenses and collecting taxes from individuals using the sites to rent their homes and apartments.

    . . .

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