Convention and Trade Show Facilities

General Discussion:

Prior to the Tax Reform Act of 1986, convention and trade show facilities were considered one type of “exempt facility,” together with sports facilities, parking facilities and pollution control facilities.  The authority to issue tax-exempt bonds for such facilities were repealed by the Tax Reform Act of 1986.

“Convention or trade show facilities” means special-purpose buildings or structures, such as meeting halls and display areas that are generally used to house a convention or trade show, including facilities functionally related and subordinate to such facilities such as parking lots or railroad sidings.  A hotel or motel that is available to the general public, whether or not it is intended primarily to house persons attending or participating in a convention or trade show, is neither a convention or trade show facility nor functionally related and subordinate thereto.  See Treas. Reg. 1.103-8(d).

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