Airbnb contributed $24 million in taxes to North Carolina

EASTERN NORTH CAROLINA, NC (WITN) - The company that put booking stays in other people's homes on the map is reporting its contributed $24 million in taxes to North Carolina.

Airbnb company leaders say the total was for 2018 and includes $9 million in state taxes and $15 million combined in city and county occupancy taxes.

Company officials say an agreement fostered in 2015 with the State Department of Revenue helped start a new revenue stream for state and local governments to capitalize on more folks visiting the state and staying longer through home sharing.

Guests who book Airbnb listings located in the State of North Carolina will pay a North Carolina Sales Tax of 6.75-7.5% of the listing price including any cleaning and guest fees for reservations less than 90 nights.