Presenting a live 90-minute webinar with interactive Q&A Uber, Airbnb and Municipalities: Maximizing New Tax and Licensing Revenue Opportunities Navigating Emerging Legal, Regulatory and Tax Issues in the Peer-to-Peer Economy WEDNESDAY, OCTOBER 5, 2016 1pm Eastern | 12pm Central | 11am Mountain | 10am Pacific Today’s faculty features: Jordan E.A. Ferguson, Esq., Best Best & Krieger, Los Angeles Christy Gunvalsen, Neighborhood Preservation Manager, City of Sunnyvale, Sunnyvale, Calif. Rebecca L. Moon, Senior Assistant City Attorney, City of Sunnyvale, Sunnyvale, Calif. The audio portion of the conference may be accessed via the telephone or by using your computer's speakers. Please refer to the instructions emailed to registrants for additional information. If you have any questions, please contact Customer Service at 1-800-926-7926 ext. 10. Tips for Optimal Quality FOR LIVE EVENT ONLY Sound Quality If you are listening via your computer speakers, please note that the quality of your sound will vary depending on the speed and quality of your internet connection. If the sound quality is not satisfactory, you may listen via the phone: dial 1-866-871-8924 and enter your PIN when prompted. Otherwise, please send us a chat or e-mail [email protected] immediately so we can address the problem. If you dialed in and have any difficulties during the call, press *0 for assistance. Viewing Quality To maximize your screen, press the F11 key on your keyboard. To exit full screen, press the F11 key again. Continuing Education Credits FOR LIVE EVENT ONLY In order for us to process your continuing education credit, you must confirm your participation in this webinar by completing and submitting the Attendance Affirmation/Evaluation after the webinar. A link to the Attendance Affirmation/Evaluation will be in the thank you email that you will receive immediately following the program. For additional information about continuing education, call us at 1-800-926-7926 ext. 35. Program Materials FOR LIVE EVENT ONLY If you have not printed the conference materials for this program, please complete the following steps: • Click on the ^ symbol next to “Conference Materials” in the middle of the left- hand column on your screen. • Click on the tab labeled “Handouts” that appears, and there you will see a PDF of the slides for today's program. • Double click on the PDF and a separate page will open. • Print the slides by clicking on the printer icon. Agenda • The Sharing Economy Online Vacation Rental Marketplaces Transportation Network Companies • What issues are posed by Ridesharing Technologies? • What Issues are posed by Home-Sharing Technologies? • Recent Developments • Drafting and Enforcing Regulations and Ordinances • Strategies for Recovering and Maximizing Revenue 5 The Sharing Economy 6 “Innovative Disruption” • Use of technology to create new markets and displace existing industries • Key to understanding the mindset of companies like Uber and Airbnb • Tech has moved into highly regulated areas of the economy like transportation, housing, and employment relationships • Not afraid to “disrupt” existing laws 7 The Sharing Economy • Refers to businesses that provide consumers the ability to share resources, like housing, vehicles, home-cooked meals, and more, generally through apps or websites that connect users with potential customers. • Examples: Uber, Lyft, Sidecar, Airbnb, VRBO, Mealsharing 8 The Sharing Economy • The basic principle of the sharing economy is simple: One person has resources, another person wants to rent/borrow/use them temporarily. • Businesses in the sharing economy claim that they are merely facilitators: they connect those with resources with those who want to utilize them, for a fee. 9 Short Term Rentals • Websites that enable homeowners, tenants, or occupants to rent out their living space. • May rent entire home or just a couch or spare bedroom. • Typically lasts less than 30 days. • Major players: Airbnb, Homeaway (VRBO) 10
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