Understanding Transient Occupancy Tax (TOT) Collection in North Carolina
Introduction to Transient Occupancy Tax The Transient Occupancy Tax (TOT) is a tax levied on guests who occupy accommodations for a short duration, typically less than 90 days. In North Carolina, this includes transient visitors who utilize hotels, motels, vacation rentals, and similar lodging facilities. The primary purpose of the TOT is to generate revenue … Read more