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The Latest: Vt ski resorts winter pandemic loss at $100M

The Latest: Vt ski resorts winter pandemic loss at $100M
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

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Governor lets controversial H315 become law without his signature

Governor lets controversial H315 become law without his signature
vermontbiz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vermontbiz.com Daily Mail and Mail on Sunday newspapers.

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COVID-19 pandemic wreaks havoc on Vermont s tourism industry

Vermont s tourism industry suffered a $700 million loss from March through December of 2020, said the tourism commissioner. Heather Pelham said that loss would have been closer to $1 billion, except for the fact that second home owners took refuge in Vermont, staying here long-term and spending money in the local economy. We make those estimates based on aggregated credit card data on where people make purchases compared to where their primary residences are, Pelham said. In 2019 Vermont saw $3 billion of economic activity from tourism, making it one of the most important industries in the state. In a normal year, about 13 million people visit Vermont.

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Business advocates implore lawmakers to forgive PPP loans | Vermont Business Magazine

Members of the Vermont Legislature, We, the undersigned organizations, representing cumulatively more than 9,500 employers with more than 200,000 employees implore you to conform with the federal treatment of forgiven Paycheck Protection Program (PPP) loans in the tax year 2021, just as you did in tax year 2020. This is important for the following reasons: Taxing PPP loans would negate the purpose of the program. When PPP was first created under the CARES Act, the legislative intention was that these loans would be non-taxable. Congress saw this as so important to the program’s desired impact that they took the extraordinary step of reaffirming this in the subsequent Consolidated Appropriations Act.

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Travel & Tourism: Vermont tourism industry out $700 million already

Travel & Tourism: Vermont tourism industry out $700 million already
vermontbiz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vermontbiz.com Daily Mail and Mail on Sunday newspapers.

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