Macau may consider tourist tax to fill government coffers

Macau is starting to seriously consider ways it can either reduce, or profit off of, it’s flood of new tourists. The autonomous region’s government is now considering a tourist tax, reports GGRAsia.

The idea was announced by Maria Helena de Senna Fernandes, bureau head of Macao Government Tourism Office. She said, “We are conducting a comparative study of [tourist] taxes being implemented in places like Venice [in Italy]… and Japan.”

The purpose of the study, at least for now, is to understand why those locations put tourist taxes in place, and what benefits they’ve realized as a result. She noted though that those jurisdictions were not looking to curb visitor volume, but rather to increase tax revenue for development.

Following the news, MGM China Holdings CEO Grant Bowie declared that if a tourist tax should be put in place, the revenues from it should be used to promote additional tourism. He said, “Frankly, I think the government of Macau is particularly fortunate and has a very sustainable and solid financial position at this point in time.”