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Repeal of Tourism Tax - Effective July 1, 2007
You may recall that one year ago, in 2006, a law passed repealing the
tourism promotion tax that every tourism-related business in this state
pays. The tax was 1/10 of 1% on gross receipts, and was a separate form
filled out by you every month. On July 1, 2007, the tax went away.
Simply put, you do not need to remit the Tourism Tax any longer.
This legislation will put over $5 million back in the pockets of those
tourism-related businesses that paid the tax. In addition, the
legislature earmarked a like amount to fund tourism, and put even more
money into capital improvements for the Tourism Department.
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