Articles tagged “taxes”

Tourists will be footing the higher rate with a new "ultra" long-haul tax as part of plans to reduce emissions just as international travel is starting to ramp back up. Still, many businesses will welcome the reduction in passenger taxes on short-haul flights.

This is only the start of mounting legal issues for the Trump Organization. Prosecutors typically start small with charges as they look for ways to get people to flip and bring down a bigger whale.

If Airbnb will ever succeed in easing New York's stringent short-term rental regulations, a precursor would be the type of hosting-information-sharing pact that it reached with the city. It doesn't guarantee lighter regulation, but many things could be on the table in the new normal of a post-coronavirus New York City.

The aviation industry's impact on the environment is only going to grow over the coming years as air travel increases across the world. Increasing taxes might force airlines to find new solutions while also raising money to fund more sustainable forms of transport.

As states look for new sources of tax revenue in the service-driven economy, businesses like travel agencies are viewed as likely targets. Part of the problem is ignorance among legislators of how agencies operate and why added taxes would be devastating for many.

Booking.com CEO Gillian Tans sounds like a typical corporate boss, opposing additional taxation as anti-business. The proposed EU tax on revenue would amount to double taxation, and that's seldom a good thing.

The direct booking wars are the true infinity war, at least in hospitality. In other words, don't expect a truce anytime soon.

Sorenson didn't mince words talking about the negative impact the Trump administration's rhetoric and multiple travel bans are having on international visitation to the U.S. His comments about corporate tax reform may also not please proponents of raising the minimum wage for hospitality workers.

Does this tax-collection agreement mean Airbnb is completely legal in Los Angeles? Not really. But if you're renting out your home as a short-term rental, the city wants to make sure it gets its cut of the business, even as it's revising its short-term rental laws.