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Updated 7 months ago,
States with Highest STR Taxes - VT bumps up to #4
Contrary to multiple letter writing campaigns and already being historically the 4th highest state an overall tax burden according to the Tax Foundation, Vermont‘s legislature has apparently just increased the state M&R tax to 12% which appears to bump it up to the 4th most taxed state in the country for short term rentals, according to the National Conference of State Legislatures:
1. DC - 15.95%
2. Connecticut - 15%
3. Hawaii - 14.25%
4. Vermont - 12%
5. Maine - 9%
6. New Hampshire - 8.5%
7. Arkansas - 8.5%
8. Delaware - 8%
Assuming there's additional nuance here with states like California and Alaska handling taxation at local levels, but what are you all hearing in your neck of the woods?