Stephen Rushmore News Today : Breaking News, Live Updates & Top Stories | Vimarsana

On April 7, 2023, the Second District of the California Court of Appeal published a landmark opinion on California property tax law that expands the tax-exempt status of intangible assets, holding that transient occupancy tax reimbursements and key money payments are intangible assets and that the “Rushmore Method” of removing intangibles from assessment is legally invalid.

Padma Bhushan Capt. C.P. Krishnan Nair, chairman of The Leela Palaces, Hotels, and Resorts has been conferred the prestigious Lifetime Achievement Award at Hospitality Valuation Services’ (HVS) Hotel Investment Conference – South Asia (HICSA) at a glittering ceremony amidst luminaries and peers from the hospitality sector on April 7. The HICSA Lifetime Achievement Award is presented to an individual who has made an outstanding contribution to the hospitality industry. HICSA honored Capt. C. P. Krishnan Nair for redefining the Indian hospitality landscape by creating new standards of excel...