THE CORPORATION OF THE TOWN OF COCHRANE

MUNICIPAL ACCOMMODATION TAX

On Thursday November 23, 2017, the Province of Ontario issued the Transient Accommodation Regulation 435/17, which came into force December 1, 2017 and provides the necessary provisions for municipalities across Ontario to implement a Municipal Accommodation Tax (MAT). On June 25, 2019, Cochrane Town Council approved the adoption of a mandatory Municipal Accommodation Tax of 4% effective July 1, 2019 in the Town of Cochrane. The Municipal Accommodation Tax will support the costs of promoting Cochrane as a tourism destination. All accommodation providers doing business and/or facilitating business transactions within the boundaries of the Town of Cochrane, are obliged by law to collect and remit a 4% Municipal Accommodation Tax (MAT) on all room revenue sold for overnight accommodation.

Revenues generated from other hospitality services including, but not limited to, meeting room rental, food & beverage, room service, laundry service, parking etc. will be excluded from the Municipal Accommodation Tax. This tax is applicable to all accommodations under 30 days at hotels, motels, resorts, inns, individual accommodators using a common platform marketplace service, as well as other accommodators not previously excluded.

The Municipal Accommodation Tax revenue will be provided in part, to the Cochrane Tourism Association for the purposes of promoting and growing the tourism industry in Cochrane. A portion of the revenue will remain with the municipality and used to promote and grow tourism in Cochrane as well.

The Municipal Accommodation Tax came into effect on July 1, 2019 and will be charged at a rate of 4% for the overnight accommodation portion of your bill. The Municipal Accommodation Tax is HST applicable if the business is an HST registrant.

Further information on the Municipal Accommodation Tax and Frequently Asked Questions can be found at http://www.cochraneontario.com/town-hall/corporate-services/#open-tab_MAT

 

Afin d’obtenir de l’information en français, veuillez communiquer au (705) 272-4361.

SCROLL TO TOP
X
X