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This document is used by hotels and motels in the City of Cannon Beach to report and remit transient room taxes on a quarterly basis.

How to fill out transient room tax quarterly

How to fill out Transient Room Tax Quarterly Collection Return

1. Begin by downloading and printing the Transient Room Tax Quarterly Collection Return form from the appropriate government website.
2. Fill in the business name and address in the designated fields at the top of the form.
3. Enter the account number assigned to your business for transient room tax purposes.
4. Record the total number of rental units and the total number of room nights rented in the respective sections.
5. Calculate the gross receipts from the rental of transient accommodations during the reporting period.
6. Determine the amount of transient room tax due based on the applicable tax rate and gross receipts.
7. Fill in any deductions or exemptions that apply to your business, as per your records.
8. Compute the total tax due after accounting for any deductions, if applicable.
9. Review the completed form for accuracy, ensuring all figures are correctly calculated and reported.
10. Sign and date the form before submitting it along with any payment for the tax due to the relevant tax authority.

Who needs Transient Room Tax Quarterly Collection Return?

1. Operators of hotels, motels, inns, bed and breakfasts, or any other establishments providing transient accommodations.
2. Property owners who rent out rooms or properties for short-term stays.
3. Businesses required to collect and remit transient room taxes as mandated by local or state regulations.

People Also Ask about

What is the transient occupancy tax in Riverside?

Transient Occupancy Tax is a tax that is charged for the privilege of occupancy in any Hotel/Motel. Each transient is subject to and shall pay a tax in the amount of thirteen percent (13%) of the rent charged by the operator (Hotel/Motel owner).

What is the transient lodging tax in Oregon?

About the state lodging tax. The 2003 Oregon Legislature established a state lodging tax. The revenue this tax generates funds the Oregon Tourism Commission programs. The state lodging tax is currently 1.5 percent of the amount charged for occupancy of transient lodging.

Do you have to pay hotel tax in the USA?

Hotel taxes in the United States are usually levied at a state level but in some cases cities and counties add additional charges on top. Other examples of lodging follow: Camping sites. Space at a campground or recreational vehicle park.

What is a local transient fee?

Transient Occupancy Tax ( TOT ) is a rental tax that is paid by the guest for short-term rentals within a period of 30 consecutive calendar days or less. It is also known by names such as room tax, a use tax, a tourist tax, or hotel tax.

What is the transient occupancy tax used for in the USA?

Transient occupancy tax (“TOT”) is levied on the privilege of using a hotel accommodation. The tax was originally designed to compensate local government for the increased public service costs incurred by serving local tourists. TOT is currently recognized as a stable source of general fund monies to cities.

For pdfFiller’s FAQs

What is Transient Room Tax Quarterly Collection Return?

The Transient Room Tax Quarterly Collection Return is a form that lodging operators must submit to report the transient room tax collected from guests within a specific quarter.

Who is required to file Transient Room Tax Quarterly Collection Return?

Lodging operators, including hotels, motels, inns, and vacation rentals, who collect transient room tax from guests are required to file this return.

How to fill out Transient Room Tax Quarterly Collection Return?

To fill out the return, operators must provide details including the total room revenues, the amount of transient room tax collected, and any deductions or exemptions that apply. Accurate financial records should be used as a basis for calculations.

What is the purpose of Transient Room Tax Quarterly Collection Return?

The purpose of the return is to ensure that all transient room taxes collected are reported and remitted to the appropriate governmental authority, ensuring compliance with local tax regulations.

What information must be reported on Transient Room Tax Quarterly Collection Return?

The information that must be reported includes the total gross receipts from room rentals, the transient room tax rate, the total tax collected, any allowable deductions, and the total tax due for the quarter.