Airbnb hopes for official role in S'pore

Mr Chris Lehane said: "Given that there have been 1.4 million people in Singapore who used Airbnb in the last year, it doesn't make public policy sense to criminalise home sharing. It would make more sense to come up with a framework for the future e
Mr Chris Lehane said: "Given that there have been 1.4 million people in Singapore who used Airbnb in the last year, it doesn't make public policy sense to criminalise home sharing. It would make more sense to come up with a framework for the future economy, and making sure that it will work as well as possible for as many people as possible."PHOTO: NYTIMES

Firm says it is optimistic about creating partnership and open to talks with Govt on tax collection

Home-sharing service Airbnb is open to discussing with the Government ways to collect hotel and tourism taxes from its hosts, ahead of a consultation paper setting out a regulatory framework for short-term home sharing to be released by next month, said a top executive.

Since 2014, Airbnb has remitted over US$300 million ($396 million) in hotel and tourist taxes globally.

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A version of this article appeared in the print edition of The Straits Times on March 07, 2018, with the headline 'Airbnb hopes for official role in S'pore'. Print Edition | Subscribe