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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Investment
3 mins to read

Millennium & Copthorne: bed tax ruling ‘bad news’ for sector

Supreme Court has dismissed the lower court’s decision, which found Auckland bed tax invalid and unreasonable.

NZX-listed hotelier Millennium & Copthorne Hotels New Zealand (MCK) says it is “terribly disappointed” by the Supreme Court’s decision to uphold Auckland Council’s bed tax.

The Accommodation Provider Targeted Rate (APTR) was introduced in 2017 and is charged to hotels, motels, serviced

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Nicholas Pointon Fri, 12 May 2023
Contact the Writer: nicholas@nbr.co.nz
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Millennium & Copthorne: bed tax ruling ‘bad news’ for sector
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