Business Travel Industry: Car Rental Tax Would Cost Coloradoans Millions

The Rocky Mountain Business Travel Association (RMBTA) and the National Business Travel Association (NBTA) recently spoke up on behalf of the businesses and citizens of Colorado in opposition to the proposal to burden car rental customers with a new statewide tax of $6 per day (SB08-244, The Transportation Infrastructure Preservation Act).

“Don’t be fooled by the idea that a car rental tax only affects out-of-towners. This tax will also hit the wallets of Colorado citizens and will hurt the budgets of Colorado businesses,” said RMBTA President Pamela McTeer. “Research has shown that about half of all car rental customers are local, and that the majority of businesses spend more than half of their car rental budgets in markets where they are located. Adding such a high charge to every car rental on a daily basis is likely to cost Coloradoans millions of dollars each year.”

A steep new car rental tax could also cost the state incoming meetings and convention business. In the meeting destination selection process, organizations like NBTA are now reviewing the tax burden for meeting attendees as one of the criteria. NBTA hosts a number of large meetings, including an annual convention that brings more than 6,000 attendees and about $20 million in direct spend in the host city.

Comment On This Story

Name:  
Email:  
Comment: (Max. 10000 characters)  
Please leave blank:
* Please note that every comment is moderated.

 
 

Newsletter: Sign up to receive latest news, articles, and much more.

Read the latest

Auto Focus Blog: A blog covering fleets, auto rental and the business of cars

Auto Manufacturers: Mobility Disruptors or Fleet Providers?

Maven’s Alex Keros shares insights into evolving smart mobility business models and new opportunities with fleet management.

What is Your Time Worth?

Personal observations of retail and travel transactions reveal just how much a consumer’s time is worth today, and how increasingly intolerant we are of inefficient transactions.

Safeguarding Your Business with Brokers

While the high-profile bankruptcy of Atlas Choice has left many car rental companies wary of working with brokers, rental companies can take steps to protect themselves and ensure a productive relationship.

Job Finder: Access Top Talent. Fill Key Positions.

>