Mar 2010 19

Business License, Tax Payments Needed for Home Rentals

In Mountain Village, CO, homeowners who rent out their homes on a short term basis must obtain a business license to do so. Now they are also required to pay lodging and sales tax on those rentals, no matter the lenth of time of the rental, because of a new ordinance passed Thursday. Owners who don’t comply may face fines or time in jail.

Corporation Service Company (CSC) can help make sure you have the necessary licenses for your business. Contact a CSC customer service representative at 800.927.9800 ext. 5077 or visit www.cscglobal.com for more information. To request a quote for CSC business license services, please click here.

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