News & Analysis as of September 18, 2024

Property Tax › Hospitality Industry

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Property Taxes are taxes levied against the owner of property located within a particular jurisdiction. Property taxes are often used to refer to taxes on real property. Property taxation schemes vary depending on the country or jurisdiction. However, a popular system involves a government assessment of the value of a property and a rate based on a proportion of the assessed value. A property may be subject to taxation by multiple taxing entities. less -

Cozen Cities - August 14, 2024

Cozen O'Connor on 8/15/2024

Gig Economy & Technology NEW YORK — City Deploys Drones for Major Storm Warnings- New York City emergency management officials have deployed five teams with multiple drones to warn residents in basement or ground-floor...more

Cozen Cities - November 30, 2023

Cozen O'Connor on 11/30/2023

Gig Economy & Technology- DETROIT — Electric Delivery Startup BrightDrop Becomes Part of GM- BrightDrop, a General Motors (GM) commercial electric vehicle startup formed in 2021, will no longer operate as a subsidiary and...more

Landmark Decision Regarding California Property Taxes: What Owners of California Hospitality Assets Should Know

Goodwin on 5/4/2023

The California Court of Appeal (Second Appellate District) published a landmark decision on April 7, 2023, that may have significant implications for the property tax assessments of qualifying California hospitality assets...more

Georgia’s 2021 Sine Die - Thoughtful policy mixed with last minute surprises and everything in-between

Eversheds Sutherland (US) LLP on 4/2/2021

During the 2021 legislative session, the Georgia General Assembly passed key legislation, including conformity to the federal tax law, the elimination of deference to subregulatory interpretations of the Department of...more

Appellate Court Reconsiders Decision in Disney Property Tax Appeal

Lowndes on 8/13/2020

On Friday, the Fifth District Court of Appeal issued a revised opinion in a closely-followed case, Singh vs. Walt Disney Parks and Resorts, a property tax appeal involving the 2015 assessment of Disney’s Yacht & Beach Club...more

Hotels Should Start Preparing Now for Property Tax Appeals

Neal, Gerber & Eisenberg LLP on 7/9/2020

As hotels and other hospitality businesses suffer from the COVID-19 lockdown, it’s important that they move quickly and proactively to lower their property taxes. In many states they’ll be able to lower the amount they owe as...more

Hotel Ruling Could Save Disney World Millions in Taxes

Carlton Fields on 7/4/2020

The Walt Disney World Resort has won its latest legal battle that will save the company — and potentially many other big hotel owners — millions of dollars in property taxes....more

Florida 5th DCA Says No More to Rushmore

Lowndes on 6/23/2020

In a decision that will potentially have far-reaching implications in the property tax world, Florida’s Fifth District Court of Appeal issued an opinion today in Singh vs. Walt Disney Parks and Resorts, a tax appeal involving...more

Short-Term Rental Update: Vacasa nearly doubles real estate footprint with the acquisition of Wyndham vacation rentals;...

Foster Garvey PC on 8/19/2019

Vacasa Nearly Doubles Real Estate Footprint - ("Vacation rental platform Vacasa will pay $162M to acquire Wyndham Vacation Rentals," GeekWire on Jul 30, 2019) We learned last week that Portland-based Vacasa plans to...more

Property Tax and Valuation Topics - Spring 2019

Pullman & Comley, LLC on 6/7/2019

Tidbit on NNN lease property valuation - A sort of a humdrum ruling on the assessment appeal of a garden variety industrial building nevertheless offers a valuable insight as to proper use of the income valuation...more

Property Taxes: Are Casinos Paying More Than Their Fair Share?

Dickinson Wright on 3/26/2018

As the proliferation of casinos continues throughout the country, the valuations they once commanded in property assessments (personal or real) has arguably declined. Newer facilities, or those built in the last 10-15 years,...more

Gaming & Hospitality Legal News: Volume 10, Number 12

Dickinson Wright on 12/14/2017

On December 5, 2017, following an internal government review of the casino sector after allegations of transnational money laundering and illicit cash transactions in gaming facilities in the Lower Mainland, British Columbia...more

Valuing the Older Hospitality Facility Can Be Complicated

Dickinson Wright on 9/13/2017

Hospitality facilities built in the 1980s or 1990s (or earlier) tend to have design and layout configurations that are out of touch with a franchisor’s present market requirements. This jeopardizes the continued franchise...more

Hospitality Industry Law Newsletter

Buchalter on 12/6/2016

New Labor Code Section Prevents Employers from Using Out-of-State Choice of Laws Provisions in Contracts with California Employees - On September 27, 2016 Governor Jerry Brown signed a new law impacting the contract...more

Orange County Hotels See Significant Increase in Property Appraiser Valuations

Lowndes on 8/11/2015

After weeks of rumors regarding hotel valuations in Orange County, it is now confirmed: the Orange County Property Appraiser has made it a priority to increase both the market values and assessed values of hotels for 2015. ...more

Ocean Avenue LLC v. County of Los Angeles Affirmed; AB 2372 Passes Assembly

Pillsbury Winthrop Shaw Pittman LLP on 6/27/2014

On June 3, 2014, in a published decision, the California Court of Appeal for the Second Appellate District affirmed the Superior Court ruling in Ocean Avenue LLC v. County of Los Angeles, holding that even though 100 percent...more

Weekly Update from the SC State House - May 2014: The House joined the Senate for a Joint Assembly on Wednesday to elect a number...

Nexsen Pruet, PLLC on 6/3/2014

Details from Each Chamber: HOUSE - The House worked through the Calendar this week, joining the Senate for a Joint Assembly on Wednesday to elect a number of judges. Tuesday, the House cleared some of their...more

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Property Tax › Hospitality Industry

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