Hyatt Hotels Corporation & Subsidiaries v. CIR

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Case Number:

24-3239

Court:

Appellate - 7th Circuit

Nature of Suit:

tax 

Companies

Sectors & Industries:

  1. May 08, 2025

    Hyatt's $300M From Reward Program Is Income, 7th Circ. Told

    Hyatt Hotels should have to report nearly $300 million in revenue from a rewards program fund because it benefited from spending the money, including through advertising for its properties, the U.S. government told the Seventh Circuit on Thursday, defending a U.S. Tax Court ruling.

  2. March 10, 2025

    Hyatt's $300M Rewards Fund Not Corp. Income, 7th Circ. Told

    Hyatt told the Seventh Circuit it shouldn't have to report nearly $300 million in revenue from a rewards program fund owned by individual hotel owners, saying the U.S. Tax Court wrongly sided with the IRS in deciding the company should treat the money as its own.