Legislation Watch: Tax Credits for Hosting and Attending Events
MeetingsNet
FEBRUARY 26, 2021
Here’s how the Hospitality and Commerce Job Recovery Act of 2021 could boost meetings-industry efforts to get back to business. A bipartisan stimulus bill introduced to the U.S. Congress on February 25 would, if passed, provide help to the meetings and travel industry in the form of tax breaks. Among the key elements of the Hospitality and Commerce Job Recovery Act of 2021 is the establishment of a three-year business tax credit to support conventions and trade shows.
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