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Law Tech Spotlight Examines Tax Exposure Claims Against LuxUrban Hotels Inc., Citing OTA Payment and Tax Collection Laws
Globenewswire· 2025-10-15 20:34
Los Angeles, CA, Oct. 15, 2025 (GLOBE NEWSWIRE) -- A panel of legal, financial, and technology experts by Law Tech Spotlight has issued an extensive analysis titled “The Statutory Fallacy of Applying New York State and City Taxation to LuxUrban Hotels Inc.” The panel concludes that claims suggesting LuxUrban owes large-scale tax liabilities in New York and seems like it may be inaccurate, legally precluded under both State and City law, and fundamentally inconsistent with established OTA payment systems. ...