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The so-called Tourism District Plan looks to add an extra 1.5% surcharge on room rates for stays at loop hotels with at least 100 rooms. ... As part of Choose Chicago’s vision, the city’s ...
(The Center Square) – Wirepoints President Ted Dabrowski is sounding the alarm about Chicago’s still dwindling downtown office occupancy rates after 2025 kicked off with record-high vacancies ...
Iceland and Romania charge a fixed taxed national-wide whereas in Spain and France hotel taxes vary by municipality. As of 2024, the highest hotel tax in the U.S is in Houston, Texas which is levied at 17% and the highest rate in Europe is Amsterdam where a tax of 12.5% is due. [3] [8] [9]
Johnson’s 2025 spending plan eliminates the projected $982.4 million budget gap but includes the largest property tax increase since 2016. It comes […] $300M property tax hike in Chicago mayor ...
Hotel rental taxes are imposed in all counties. They range from 4% in Talbot County to 9.5% in Baltimore County and City. Some municipalities in Maryland are also authorized to impose a hotel rental tax. Only lodgings in Dorchester County must pay an additional hotel surcharge. The rate of tax is not specified in the statutes. [36]
Hotel tax is 11% of daily room rate. Alcoholic beverage tax varies depending on the beverage. Additionally there are tobacco taxes, real property taxes, amusement taxes, recreational facility taxes, and liquid fuel taxes. [96] That Business Privilege Tax rate increased from 4% to 5% effective June 1, 2018.
The mayor's alcohol tax would potentially be more defensible were revenue strictly being used to fund vital government services, but the 2025 proposed budget still earmarks over $72 million to ...
Resort fees in Nevada are treated and taxed as a hotel room at hotel occupancy tax. Both hotel rooms and resort fees in Nevada are taxed at 13.38%. [64] [65] Resort fees at many hotels in New York are taxed at 8.875% instead of the hotel occupancy tax of 14.75%. [47] There is a 5.875% tax loss for New York City per resort fee per room per night ...