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What is T.O.T. (Transient Occupancy Tax)?

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What is T.O.T. (Transient Occupancy Tax)?

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The transient Occupancy Tax is a tax imposed by the City. Every property that is rented for 30 (thirty) days or less is subject to this tax. The tax rate is 10.5% All Hotels, Motels and private properties are subject to this tax.

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