The Grand Sierra Resort has issued a statement in response to the City of Reno’s request for $97 million in unpaid taxes. The resort’s statement comes after the city filed a lawsuit against the resort, claiming that it owes the massive sum in unpaid room taxes.
According to the lawsuit, the City of Reno alleges that the Grand Sierra Resort has failed to pay its share of room taxes from 2013 to 2020. The city claims that the resort owes $97 million in taxes, penalties, and interest for this period. This staggering amount of unpaid taxes has prompted the city to take legal action against the resort.
In response to the lawsuit, the Grand Sierra Resort has released a statement arguing that the city’s claims are unfounded. The resort has stated that it has always paid its taxes in full and on time, and that it is in compliance with all tax laws and regulations. The resort also claims that the city’s allegations are based on erroneous calculations and that it is prepared to fight the lawsuit in court.
The Grand Sierra Resort contends that it has been a responsible corporate citizen and has contributed to the economic growth of the City of Reno. The resort employs thousands of people and generates millions of dollars in revenue for the city each year. The resort has pledged to vigorously defend itself against the city’s allegations and to continue to operate in a compliant and transparent manner.
Overall, the Grand Sierra Resort’s statement conveys its commitment to addressing the city’s claims and resolving the issue through legal channels. The resort maintains that it has always fulfilled its tax obligations and is prepared to defend its financial practices in court.
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