Car Rental

Bipartisan Coalition Calls on Virginia General Assembly to Avoid the Loss of Important Tax Revenue by Requiring Peer-to-Peer Vehicle Rentals to Pay Their Fair Share

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RICHMOND, Va., Feb. 3, 2020 /PRNewswire/ — A coalition of bipartisan lawmakers, the Virginia Municipal League, the American Car Rental Association and Virginia vehicle rental operators are calling on the Virginia General Assembly to “Care Before You Share” in response to the rise of peer-to-peer vehicle sharing companies currently facilitating rental transactions without paying taxes.

In fact, the Virginia Department of Taxation’s Fiscal Impact Statement, submitted alongside the proposed legislation, states the following: “Both peer-to-peer shared vehicles and…

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