TAXATION
Live events sector

 

 

The Carolina Country Music Festival will receive $75,000 in accommodation tax revenues to promote its second concert series this June.
However Mayor pro-tem Mike Lowder voted against the measure to give the Carolina Country Music Fest $75,000 in accommodation tax funds, after the city agreed last month to give the group $108,000 in in-kind services to police and clean up the event. Lowder noted that groups shouldn’t be allowed to “double dip” into city coffers, especially after the council denied a local organization receiving a-tax money $2,800 in in-kind services for a St. Patrick’s Day event.
The State’s accommodations tax is collected when visitors pay to stay in area hotels and at other lodging. Under state law the tax revenue is to be used for advertising and promoting tourism-related activities that increase tourist attendance. Funds can also be used for additional city resources needed to accommodate increases in tourism, like law enforcement, highway and street maintenance and beach renourishment.
http://www.myrtlebeachonline.com/news/local/article70027837.html