How are transient occupancy taxes paid to the City of Oceanside?
Each operator shall collect the tax and OTMD Assessment at the same time as the rent is collected from every transient. The amount of tax and OTMD assessment shall be separately stated from the amount of the rent charged, and each transient shall receive a receipt for payment from the operator. On or before the last day of the month following the close of each calendar quarter each operator shall file a transient occupancy tax return and shall include the full amount of the tax and assessment collected for each of the three months in the period. Separate checks are required for the TOT and OTMD Assessment. All taxes and assessment collected by operators shall be held in trust for the account of the City of Oceanside until payment is made to the tax administrator. Tax The tax shall be ten (10) percent of the rent collected. OTMD Assessment The assessment is 1.5 percent of room rental revenue. Transient Occupancy Tax Return The TOT Return is a reporting of the monthly occupancy rate, gro
