(a) Pursuant to section 2-172 of the Lexington-Fayette Urban County Government Code of ordinances, each hosting platform shall be required to collect and pay to the urban county government all transient room taxes on all rent charged or collected by the hosting platform. If rent is not charged or collected by a hosting platform, the licensee shall be required to collect and pay to the urban county government all transient room taxes required by law.
(b) Pursuant to article I of this chapter, licensees are responsible for payment of occupational license fees on net profits earned from the operation of short-term rentals and on withholdings from employee compensation paid for work done or services performed in the urban county, subject to any applicable exemptions, including for rental property.
(Ord. No. 080-2023, § 4, 7-11-23)