As the U.S. Treasury worked on its guidelines for corporate policies on “luxury expenditures,” the meetings industry, under the auspices of the U.S. Travel Association, scrambled to create an actual board policy that it hoped the U.S. Treasury would adopt instead. The industry's model policy is specific, including guidelines for spending on meetings as well as actual sample business purposes for meetings (though the numbers it uses are meant to be examples that will not necessarily work for ...

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