Tag: taxes
Report: States, Localities Lose Money on Voluntary Tax Agreements With Short-Term Rentals
WASHINGTON—A new report highlights how states and localities are losing millions of dollars in tax revenue from “voluntary collection agreements" with short-term rental platforms...
Rising Real Estate Taxes
It’s inevitable. Hotel real estate taxes will be going up because values are increasing. That means you need to figure out how much your...
Booking Sites to Pay Chicago $29 Million in Taxes
On Oct. 29, Chicago's city council announced that they concluded a 10-year-old case against travel websites that offer discount rates. Expedia, Hotels.com, and Hotwire...
How Tax Extensions and Regulations Will Impact Hotels
There’s no easy way to say it—the lodging industry will likely face tax challenges in the next 12 months. The past year was fraught...
Bahamas Repeals Hotel Guest Tax
In order to attract more visitors and increase their value for money, the government of The Bahamas has reduced hotel taxes. The Ministry of...