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Sales Tax (Covid-19 Policy)

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The NYC Hospitality Alliance continues to advocate for the conversion of sales tax collected by restaurants and nightlife establishments into grants. These small businesses need an immediate injection of cash to help them survive during the government’s COVID-19 restrictions on their operations. Since these monies are on hand, converting (and/or reverting) the sales tax collection into a grant will help small businesses immediately with needed cash flow while they will also stimulate economic activity.