Airbnb finally reached a tax deal with Miami-Dade County, part of Airbnb’s fourth largest market in the U.S.

If the county commission approves the deal, Airbnb will collect and remit occupancy taxes on behalf of its roughly 6,800 hosts in Miami-Dade. Based on 2016 numbers, the short-term rental giant would collect $8 million, Airbnb spokesperson Ben Breit said. The first two months of 2017 are already up 25 percent compared to the year before, he noted.

The deal means that Airbnb would tack on a 6 percent tax for its hosts in most of the county. The company reached an agreement with Surfside in March, which is excluded from the county’s, and has not reached an understanding with Bal Harbour, also excluded. In Miami Beach, one of its biggest and most contentious cities within the county, Airbnb would collect a 3 percent convention tax, but not the city’s 4 percent bed tax.

Miami-Dade marks the 36th county in Florida with which Airbnb has reached similar deals. Within the county, though, the short-term rental platform has faced significant opposition from Miami Beach and city of Miami mayors Philip Levine and Tomás Regalado. They are set to hold a joint press conference on Monday regarding Airbnb and other short-term rentals.

read more here: Airbnb reaches tax agreement with Miami-Dade County

Related Articles