Lake Area Looks Forward To Possible Domestic Travel Tax Credit

All News Monday, June 22nd, 2020

While the nation continues to re-open from the Coronavirus Pandemic, one idea being floated in the nation’s capital is catching the attention of Lake Officials.

As part of a 2nd stimulus, President Donald Trump is considering a domestic tax credit, which would encourage more travel to the Lake of the Ozarks and other regions.

Holiday Inn Hotel General Manager Pam Prentice tells KY 3 TV that’s exactly what the community needs.

      NEWS-06-22-2020 TRAVEL CREDIT-1

If approved, the credit would go towards restaurants, theme parks, hotels and all things travel-related, so long as it is in the US.

Residents wouldn’t receive money up front, but rather would have to submit receipts during next year’s tax season.

You’d have until 2021 to use the credit.

All News Monday, June 22nd, 2020

Reporter Webmaster

WP Twitter Auto Publish Powered By :