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Hotels Comptroller

Venable LLP

Maryland Tax Updates - January 2024

Venable LLP on

Tax Court Modifies Rushmore Method for Hotel Valuation. The Maryland Tax Court recently modified the traditional Rushmore income approach used to determine the fair market value (FMV) of the real estate component of a hotel....more

Jackson Walker

Texas Comptroller Glenn Hegar’s Hurricane Harvey Relief Initiatives

Jackson Walker on

1. Hotel Occupancy Tax Declared Exempt For Evacuees and Relief Workers - The Governor of Texas, by way of proclamation, has exempted evacuees and relief workers from state and local hotel taxes.  Currently the Governor’s...more

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