§ 3-2-357. Levy and rate of short-term rental tax.

(a)

In addition to all other taxes of every kind now or hereinafter imposed by law, for tax year 2009 and each year thereafter, there is hereby levied and imposed:

(1)

on every person engaged in a short-term rental business as defined in subsection 3-2-356(f)(1) a short-term rental tax of one percent on the gross proceeds of such business; and

(2)

on every person engaged in a short-term rental business as defined in subsection 3-2-356(f)(2) a short-term rental tax of one and one-half percent on the gross proceed of such business.

(b)

This tax shall be levied in addition to the sales tax levied under section 3-2-91 of this code.

(c)

Except for daily rental vehicles pursuant to § 58.1-3510 of the Code of Virginia (1950), as amended, and short-term rental property, rental property shall be classified, assessed and taxed as tangible personal property.

(Ord. No. 4633, 11/21/09, Sec. 2; Ord. No. 4685, 11/13/10, Sec. 1)

(Ord. No. 4633, 11/21/09, Sec. 2; Ord. No. 4685, 11/13/10, Sec. 1)