Combined collection of 1% hotel and meal and beverage taxes declines 24.6% Y/Y in Oct.

COLLECTIONS of the local 1% hotel and meal and beverage taxes in October declined 64.5% and 16.8% year over year, respectively. / PBN FILE PHOTO/MARY MACDONALD
PROVIDENCE – The combined collection of local 1% hotel and meal and beverage taxes in October declined 24.6% year over year, according to the R.I. Department of Revenue Monday. Collection of the local 1% meal and beverage tax in October declined 16.8% year over year to $2.1 million. The largest nominal decline from one year…
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