David Hantman, Airbnb's head of global public policy, said in a blog post that "we’ll soon be collecting and remitting taxes on behalf of our hosts in San Francisco."
The San Francisco Chronicle reported that the move will potentially add millions of dollars of revenue to the city, one of the most popular vacation destinations in the world.
But cities from New York to Los Angeles have expressed concerns about private homes being treated as hotels, potentially causing traffic, noise, crime or other problems. Last year, prosecutors in New York said they were investigating whether the business model complied with state law.
"But whether or not we agree with the tax laws, we want to help our hosts follow the rules," he said. "It's good for the government officials who won't have to identify hosts and collect the taxes themselves: we'll do the work for them. And it's good for hosts who want to pay their fair share."