Hyatt Hotels Corp. must report nearly $300 million in revenue from a rewards program fund, the U.S. Tax Court ruled Monday, saying the hospitality giant had essentially ignored the account for federal tax purposes by failing to report revenue or deduct expenses for 2009 to 2011.
Hyatt’s $300M Rewards Fund Is Income, Tax Court Rules
by usoftax_admin | Oct 2, 2023 | Tax News