Two casinos near Shreveport, La., won’t have to pay $6.67 million in sales and occupancy taxes after a state tribunal ruled in a opinion released Thursday that the rooms they provided for free aren’t taxable.
Margaritaville Resort Casino and Boomtown Casino & Hotel—both owned by Penn Entertainment Inc.—didn’t require anything in return for the rooms, as required to be taxable under the local sales and occupancy tax statutes, the Louisiana Board of Tax Appeals ruled. “The mere hope or expectation that a Patron will gamble during the Comp stay does not rise to the level” of consideration by the ...
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