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| Definition | : | Transient Occupancy Tax |
| Category | : | Governmental » Rules & Regulations |
| Country/ Region |
: | Worldwide
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Initialism
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Transient Occupancy Tax (TOT) is a tax imposed by some local jurisdictions on the temporary occupancy of accommodations, such as hotels, motels, vacation rentals, and other lodging establishments.
The purpose of the Transient Occupancy Tax is to generate revenue for the local government from visitors who stay in the area for a short period. The tax is typically a percentage of the room rate charged by the lodging establishment and is collected by the accommodation provider on behalf of the local government.
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Total
Business Terms
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Transfer of Technology
Business Terms
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Terms of Trade
Business Terms
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Tip-Of-the-Tongue
Language & Linguistics
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TransObturator Tape
Treatments & Procedures
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Time of Travel
Land Transport
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TurnOver Time
Business Terms
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Time On Target
Military
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Totnes
Railway Station Codes
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Tears of Themis
Games & Entertainment
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TurnOver Time
Healthcare
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Telephone Organization of Thailand
Companies & Corporations
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Trail of Tears
History & Geography
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The full form of TOT is Transient Occupancy Tax
Transient Occupancy Tax | Time On Target
Total | Transfer of Technology | Transient Occupancy Tax | Terms of Trade | Tip-Of-the-Tongue | TransObturator Tape | Time of Travel | TurnOver Time | Time On Target | Tears of Themis | TurnOver Time