Should Lockheed Pay Hotel Taxes on Training Center?
Debate over the lodging facility Lockheed operates for its Bethesda training center has emerged once again, The Washington Post reports.
The Maryland Senate has advanced a bill that would exempt Lockheed Martin from paying taxes on its Bethesda training center, The Washington Post reported.
If the measure is approved, Lockheed would be exempted from about $450,000 a year in taxes and the county could owe the Bethesda-based defense company a $1.4 million refund, according to the report.
The bill would apply to Maryland companies that operate lodging facilities used only to support training or conference centers—a description Sen. Nancy J. King (D-Montgomery) said applied only to Lockheed, but for which other facilities may qualify in the future, The Post reported.
Sen. Bryan W. Simonaire (R-Anne Arundel) called the bill a “carve-out” for Lockheed Martin, according to the report.
Should Lockheed Martin have to pay hotel taxes on the lodging facility it operates for its conference center? Tell us in the comments.
Fred Foo
1:10 pm on Wednesday, March 13, 2013
Why should companies that operate lodging facilities used only to support training or conference centers be exempt from taxes? What's the rationalization for this exemption?