5 Biggest Tax Traps For Unwary Hotel Companies

Law360, New York (March 24, 2014, 7:54 PM EDT) -- With hotel markets hitting new revenue highs, federal and state tax authorities are increasingly launching audits to ensure they're getting the right cut, and anything from a complicated ownership structure to online travel agency deals can trigger an inspection. Here, experts give their tips for avoiding five common tax traps.

Dissect Foreign Fund Structures

The creative ownership structures resulting from the latest round of mergers and acquisitions in the hotel market have been piquing the attention of the Internal Revenue Service, according to experts.

“The IRS is actively looking at ownership...
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