I just heard on the radio that some towns on Cape Cod are thinking about extending hotel-like taxes to condos and other units that are rented for less than 3 month periods. How many other places will think this is a great idea?
Sue
Sue
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New taxes on Cape Cod?
- Thread starter falmouth3
- Start date
Dave M
TUG Lifetime Member
Such revenue-raising proposals are quite common. See my long post near the end of this thread for some examples. You can bet that ARDA will be one of the lobbying groups trying to defeat this proposal.
Some thoughts...
I think it's reasonable to assume that at a time when state funds available to cities and towns in MA (and elsewhere) are on a serious (and steadily continuing) decline, this is really a very easy way to increase (...or create new) incoming revenue. The fact that in a "vacation" area like Cape Cod, much of that income stream would actually be provided by "outsiders" makes the idea all the more attractive and entirely palatable to the local, year 'round populace.
I think it's reasonable to assume that at a time when state funds available to cities and towns in MA (and elsewhere) are on a serious (and steadily continuing) decline, this is really a very easy way to increase (...or create new) incoming revenue. The fact that in a "vacation" area like Cape Cod, much of that income stream would actually be provided by "outsiders" makes the idea all the more attractive and entirely palatable to the local, year 'round populace.
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vkhome
TUG Member
I rent out a condo in Hilton Head and have to charge 11% tax to guests; 8% goes to the state and 3% goes to Hilton Head. Taxes aren't new for many regions.
Most areas have successfully fought off fees on timeshare owners (but not rentals) as being owners not transients. Hopefully that would apply in Cape Cod.
vkhome
TUG Member
Don't think the fees apply to timeshares, only condos.
I'm not so sure...
In the brief mention I heard of the Cape Cod proposals in area news coverage, the criterion for taxation which I specifically heard identified was on "less than 3 months occupancy". On its' face, that would seem to perhaps include short term rentals at motels, condos, timeshares --- maybe even at campgrounds!
Of course, it's just "talk" at this juncture. Things can always change (...or not even happen at all).
In the brief mention I heard of the Cape Cod proposals in area news coverage, the criterion for taxation which I specifically heard identified was on "less than 3 months occupancy". On its' face, that would seem to perhaps include short term rentals at motels, condos, timeshares --- maybe even at campgrounds!
Of course, it's just "talk" at this juncture. Things can always change (...or not even happen at all).
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