| http://www.w3.org/ns/prov#value | - States and Localities Are Losing Several Hundred Million Dollars Annually State and local governments in the United States collectively are losing at least $276 million to $396 million in hotel tax revenues each year due to the failure of OTCs to charge tax on their wholesale-to-retail mark-ups (see Table 1). [8] Moreover, these figures are an underestimate, for two reasons:
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