Memphis area hotels owe more than $330,000 in back taxes, according to the Commercial Appeal. A recent report from the City of Memphis found that 22 percent of area hotels are behind on taxes. The discrepancy is based upon a 1.7 percent "bed tax" for stays of fewer than 30 days. Overall, these taxes generate $4.2 million per year for the city. The audit included 143 hotels and found that 31 owed taxes and 11 had overpaid. When the report was submitted, the city treasury was still owed $165,394…Morning Edition RSS Feed via http://www.bizjournals.com/memphis/blog/morning_call/2015/05/report-memphis-hotels-owe-back-taxes.html?ana=RSS&s=article_search
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