Yes it will. First, an amount visibly passed on to the tenant 4 or guest and represented to be the transient accommodations tax is excluded from gross income subject to the general excise tax.
Second, amounts visibly passed on to the tenant or guest and represented to be the general excise tax and the transient accommodations tax are excluded from gross rental income subject to the transient accommodations tax.
If, however, you do not visibly pass on the taxes, but instead charge your tenant or guest a flat fee without separately itemizing the amounts represented as these taxes, you must pay the general excise and transient accommodations taxes on the entire flat fee charged.
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