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Accompanied by the Short Term/Daily rental tax remittance form to: City of Salem. Commissioner of the Revenue. P O Box 0869. Salem, VA 24153. ** For further ...

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What is short term/daily rental tax?

Short term/daily rental tax is a tax imposed on individuals or businesses who rent out their property for short periods of time, typically less than 30 days.

Who is required to file short term/daily rental tax?

Individuals or businesses who rent out their property for short periods of time are required to file short term/daily rental tax.

How to fill out short term/daily rental tax?

Short term/daily rental tax can be filled out by reporting the income generated from short term rentals and calculating the tax owed based on the applicable tax rate.

What is the purpose of short term/daily rental tax?

The purpose of short term/daily rental tax is to generate revenue for the government and ensure that individuals or businesses renting out properties are paying their fair share of taxes.

What information must be reported on short term/daily rental tax?

Information that must be reported on short term/daily rental tax includes the income generated from short term rentals, expenses related to the rental property, and any deductions or credits that may apply.

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