Steuererhöhung für Hotels in Toronto: „Wir müssen sicherstellen, dass sie den Reichtum teilen“, sagt Chow, während die Swifties die Zimmerpreise in die Höhe schnellen lassen
https://www.cp24.com/politics/toronto-city-hall/2024/11/13/toronto-hotel-tax-bump-we-need-to-make-sure-they-share-the-wealth-chow-says-as-swifties-send-room-rates-skyrocketing/
7 Comments
Best part about this tax, is that it’s taxed. Definitely fun explaining to my company’s accounts department what “GST on MAT” means.
Can someone explain the timing of this tax or if it was incompetence:
– This is a proposal to increase the Municipal Accommodation Tax (MAT) for the world cup in 2025
– The reason being offered is that the hotels are currently making bank on attendees for Taylor Swift concerts
– “Asked why the city didn’t implement the hike in time to take advantage of the influx of tens of thousands of Swift fans into the city, Chow said they were responding to the industry saying it was still recovering from the pandemic.”
– Yet….. “the city hiked the MAT from four per cent to six per cent in 2023”
So they raised it just after the pandemic in 2023, but not in 2024 to take advantage of the Swift concerts because “Chow said they were responding to the industry saying it was still recovering from the pandemic”. Does anyone call this stuff out?
When government spends all your tax dollars with no regard for efficiency, no desire to be efficient, the only thing they can come up with is more tax.
Surely this won’t just get pushed onto consumers right?….
Rain tax and now this communist type cash grab
Why don’t they pass legislation to stop accommodation places from hiking up their rates and protect the consumer. Not some bull tax that they’ll pass down to the consumer anyways. How are these officials elected when they have such bad luck at thinking
Government is very good in making new taxes
Why not a huge Airbnb tax?