Buying or Selling a Transient Lodging Establishment

Clark County Code Section 4.08.115 of the transient lodging tax ordinance amendment adopted by the Board of County Commissioners on June 3, 2008, pertains to tax liability when a transient lodging establishment is sold. Due to changes in this section, it is advisable that the seller's tax liability be established and paid , or an amount set aside in escrow, at the time of the sale. If such action is not taken at the time of sale, purchasers could become liable for transient lodging taxes, fees, interest, and penalties owed by the seller. For additional information pertaining to this change read the Industry Letter dated September 15, 2008, for the new requirements and related Clark County Codes.

Related Forms:

Authorization for Release of Information Upon Sale of Transient Lodging Esta​blishment

Request for Statement of Seller's Transient Lodging Tax Liability

 

Last modified at 3/3/2017 11:06 by System Account