Ordinance:
Effective July 1, 2009, all homes, condominiums, or other structures that will be rented or leased for a period of 30 days or less must register with the City of Malibu and will be subject to a transient occupancy tax (TOT) per Malibu Municipal Code Section 3.24.
In April 2015, the City announced that Airbnb had agreed to collect and remit the TOT on behalf of property owners who use its service. Beginning April 20, 2015, Airbnb users will no longer have to register with the City, nor will they have to collect and submit quarterly tax returns to the City, a real benefit that will save those users time and help them avoid any penalties or fines imposed if taxes are not properly collected and timely paid.
Property owners must continue to collect and remit TOT taxes on their own for any rental resulting from the use of other vacation rental websites or made independently. Failure to register, collect, and remit these taxes will subject property owners to prosecution for back taxes, penalties, and interest due.
City of Malibu – Transient Occupancy Tax (TOT) – Residential
Reports:
05/12/2014: Short-term Residential Rental Subpoena (City of Malibu)
News:
10/11/2016: Short-term rentals could see increased regulations (Malibu Surfside News)
06/16/2016: City Looks to Limit Short-Term Vacation Rentals (Malibu Times)
03/17/2016: Malibu’s Summer Rental Market Booms (Wall Street Journal)
04/08/2015: Airbnb to Begin Collecting Taxes for City (The Malibu Times)
04/06/2015: Airbnb to begin charging hotel taxes in Malibu on April 20 (Los Angeles Times)
08/05/2014: City May Take Rental Subpoena Evaders to Court (The Malibu Times)
05/27/2014: Malibu to crack down on short-term rentals via Airbnb, other websites (Los Angeles Times)
Resources:
City of Malibu – Transient Occupancy Tax (TOT) – Residential