is this ever going to happen today!?!?
The way I am reading it is you are responsible to pay taxes on the full regular value of the stay as income. It is like winning a prize. It isn't the hotel tax that everyone pays when they stay somewhere. We won a TV last year during a promo that our local appliance store had. The Celtics won the World Championships so we were refunded our $1100 we had paid for the TV. We just got a 1099 in the mail to submit with our taxes this year. It is considered income so we have to pay tax on it. I think this sounds like sort of the same thing. So it would be based on the value of whatever you "win". That is how I am understanding it at least.
This isn't sales tax or lodging tax, we're talking INCOME TAX like 33% of the cost of the room, not 5%. It's like winning a prize, so that would be considered income and Obama and my jerk of a governor Omally are gonna want their third.
what's COR? contemporary?
I'm pretty sure it is this one:
Room Type Status Avg Nightly Rate
Garden Wing - Standard View Available $328.74 show details
Garden Wing - Garden View Available $379.31 show details
The difference is this would be counted as income. If you got a hotel @ $375.00/night x 7 nights, then you would claim an additional $2625 in income and have to pay income taxes on that amount.
It still would be less than the cost of the room itself, so no biggie.
how do you get on the chatango thing where it notifies you? I went there but how do you get to here it when someone types go - do i have to sign up???
Thanks
Leslie
Boardwalkokay, which resort has spoodles in it?
BTW - keep in mind the better the room, potentially higher your tax bill for it. My husband wond a trip California once with a promo for a local station. We had to pay $800 in income tax for it. (it was a nice trip)