Priceline's Even Money Despite Tax Man Targeting Online Travel Agencies | seekingalpha.com

City officials for some large U.S. cities are claiming that leading online travel agencies such as Expedia (NASDAQ:EXPE), Priceline (NASDAQ:PCLN), Travelocity and Orbitz (NASDAQ:OWW) are collecting state and local hotel occupancy taxes from consumers and remitting only a fraction of the same to the government, resulting in large tax losses [1] [2] This is an issue that has surfaced in the past and has received renewed attention given a recent...