IMPACT OF TAX POLICY ON REZIDOR GROUP

Impact of Tax Policy on Rezidor Group



Impact of Tax Policy on Rezidor Group

Introduction

The Rezidor group being the leading group in the hotel sector of Europe is equally subjected to the threats and risks of changing economic factors like any other Hotel group prevailing in Europe. The major revenue generation of the group depends on the German policies.

Discussion

If we consider the example of German Tax Policy that was proposed on 01 January, 2010 which imposed that the VAT tax rates pertaining to the Hotel accommodation and services will be reduced to seven%. The impact ...