Short-Term Rental Taxes and Payments

Paying Short-Term Rental Monthly Taxes

Owners of a Short-Term Rental (STR) in the Town of Frisco are required to remit all applicable taxes.

The total tax to be collected and remitted is 10.725%.

– 2.9% State of Colorado sales tax
– 2.0% Summit County sales tax
– 0.75% Summit County mass transit tax (Summit Stage)
– 0.725% Special District (Summit County Housing Authority) sales tax
– 2.0% Town of Frisco sales tax
– 2.35%Town of Frisco lodging tax

General Sales & Lodging Tax Requirements for Short-Term Rentals

Click Here to Pay Short-Term Rental Taxes

The Town of Frisco levies a 2% sales tax and a 2.35% lodging tax on your gross short-term rental revenue. The sales and lodging tax should be remitted directly to the Town of Frisco. Gross short-term rental revenues include all compensation received for occupancy including all non-optional fees (other than taxes) such as booking/reservation fees; cleaning fees; pet charges; fees for extra vehicles, people or beds; etc.; and any amounts received from lodging companies or managers.

All Short-Term Rental properties will file tax returns online using the Town of Frisco’s MUNIRevs/GovOS Business Center. Taxes need to be filed monthly, quarterly or annually depending on your assigned frequency schedule. Please email with questions or requests to have your filing frequency changed. The Town continues to allow a vendor’s fee deduction in the amount of 3.33% of your sales tax liability for returns filed on or before the due date.

Booking sites like Airbnb or other main platforms do not collect Town of Frisco sales and lodging taxes automatically. To collect Town of Frisco tax from your guests, you will need to visit the support page for the booking site that you use to rent your unit and search for “additional payment request”. It is every Short-Term Rental Licensee’s responsibility to check your tax settings on all your listing platforms.

Rental Agents & Property Management Companies

Rental Agents and Property Management Companies that manage properties that are owned by another party or entity, are required to have a Town of Frisco Business License and obtain an STR License for each property they manage in the Town of Frisco. Rental Agents are required to collect and remit the 2.0% Frisco Sales Tax and 2.35% Lodging Tax to the Town (4.35% total) for each STR on a monthly basis (by the 20th) using the MUNIRevs/GovOS Business Center.

Summit County Assessor

Colorado Statute requires anyone who owns a business or rents out their furnished residential property on a short or long term basis to declare their business equipment or residential rental furnishing/equipment.

Valuation of Personal Property

Click Here for Information on Valuation of Personal Property