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Is Airbnb Killing Small Hotels in Costa Rica?

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Is Airbnb Killing Small Hotels in Costa Rica? Are fewer tourists coming? Is the VAT a game-changer? We dig into last month's stats from ICT.

Airbnb hosts will pay VAT starting July 1

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The new Value Added Tax being introduced in Costa Rica is intended to target cross-border transactions and will include a broad swath of services that include Netflix and Airbnb.