Legislative win for Corporate Housing

As State and City budgets face huge deficits politicians are looking for new things to tax. In most states monthly rentals are not subject to lodging or other taxes. This is important in keeping corporate housing rates competitive and a viable hotel alternative. Keep an eye on your legislature to make sure these unnecessary taxes are not voted in. The Joint Conference Committee on the FY 2010 Massachusetts State Budget released its report last evening. I am pleased to inform you that the committee did not include an expansion of the room occupancy excise tax to so-called “transient accommodations.”...