Tax Relief
AHLA Rallies Industry in Support of Hotel Tax Relief
Association leads Tax Day of Action advocacy push
Association leads Tax Day of Action advocacy push
This report focuses on three tax incentives proposed under the title 'American Innovation and Economic Growth,' applicable to the hospitality industry.
The American Hotel & Lodging Association (AHLA), the International Franchise Association (IFA), the National Restaurant Association, and the U.S. Travel Association joined dozens of hospitality groups in a letter to Senate Majority Leader Charles Schumer and Senate Minority Leader Mitch McConnell urging Senate passage of the Tax Relief for American Families and Workers Act (H.R. 7024).
The bipartisan Tax Relief for American Families and Workers Act (H.R. 7024) includes several provisions that will benefit hoteliers and hotel employees.
'Thousands of tourism businesses large and small across the country will be breathing a collective sigh of relief now that the Chancellor has announced a VAT holiday of 15% for the hospitality industry from next Wednesday.'