In the year since home-sharing company Airbnb signed tax deals in Miami-Dade and Broward counties, it's paid both counties millions more in taxes than it originally promised.
The company told the Miami Herald this week that it collected $8.4 million from Miami-Dade County hosts over the past year and remitted that money back to the county, just as hotels do. The figure is higher than what Airbnb projected in May 2017, when it first inked the deal with the promise of at least $6 million in taxes to the county.
The final figure was higher in Broward County too, where Airbnb had projected it would collect and remit $1 million in its first year paying county resort taxes. The actual figure was $3.7 million.
Read more from our news partner, The Miami Herald.