(1) A tax of one percent is imposed on any consideration rendered for the sale, service or furnishing of transient lodging. The tax imposed by this subsection shall be in addition to and not in lieu of any local transient lodging tax. The tax shall be collected by the transient lodging provider.
(2) The transient lodging provider shall withhold five percent of the amount the provider collects under subsection (1) of this section for the purpose of reimbursing the provider for the cost of tax collection, record keeping and reporting. [2003 c.818 §2]
Note: See note under 320.300.
Section: Previous 320.176 320.179 320.183 320.186 320.189 320.300 320.302 320.305 320.308 320.310 320.315 320.320 320.325 320.330 320.335 NextLast modified: August 7, 2008