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Hotel Tax Law Up for Senate Review
The Tennessee Hospitality Association is seeking to amend a hotel tax law and require online travel companies to pay more in taxes, a measure that would add more than $1 million to annual tax revenue. The trade group argues that online travel companies have a competitive advantage because they pay taxes in a discounted room rate rather than the retail rate. It believes that changing the language of the state law will level the playing field. The Nashville Business Journal has the story.
