Rabat - The boom of Airbnb in Morocco has caught the attention of the state. Negotiations between Morocco and Airbnb have started so that income generated from the rental of real estate via the platform will be taxed.
Rabat – The boom of Airbnb in Morocco has caught the attention of the state. Negotiations between Morocco and Airbnb have started so that income generated from the rental of real estate via the platform will be taxed.
As part of its strategy to ensure equality between all players in the tourism sector, Moroccan authorities have begun negotiations with Airbnb to find a solution to the taxation of nights accumulated by the site in Morocco.
Morocco is the platform’s second-most popular destination in Africa after South Africa, with 21,000 active listings and a 68 percent increase in inbound guest growth last year.
According to Airbnb’s statistics, guests spend an average of 17 nights at an Airbnb estate. The annual earnings of a typical host are USD 1,300.
In France, the Ministry of Finance has issued a tutorial to explain tax obligations to people who offer housing on this platform. Negotiations between Morocco’s tax authorities and Airbnb could result in a similar model to deliver the necessary information to users and hosts.
The hospitality service enables tourists to rent short-term. It has over 3,000,000 lodging listings in 65,000 cities and 191 countries, and the cost of lodging is set by the host.
In 2011, Airbnb won the “App” award at the South by Southwest conference.
It was also deemed as the “best place to work” by the eighth annual Glassdoor 2016 Employees’ Choice Award.