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
-
The TUGBBS forums are completely free and open to the public and exist as the absolute best place for owners to get help and advice about their timeshares for more than 30 years!
Join Tens of Thousands of other Owners just like you here to get any and all Timeshare questions answered 24 hours a day! -
TUG started 30 years ago in October 1993 as a group of regular Timeshare owners just like you!
Read about our 30th anniversary: Happy 30th Birthday TUG! -
TUG has a YouTube Channel to produce weekly short informative videos on popular Timeshare topics!
Free memberships for every 50 subscribers!
Visit TUG on Youtube! -
TUG has now saved timeshare owners more than $21,000,000 dollars just by finding us in time to rescind a new Timeshare purchase! A truly incredible milestone!
Read more here: TUG saves owners more than $21 Million dollars -
Sign up to get the TUG Newsletter for free!
60,000+ subscribing owners! A weekly recap of the best Timeshare resort reviews and the most popular topics discussed by owners! -
Our official "end my sales presentation early" T-shirts are available again! Also come with the option for a free membership extension with purchase to offset the cost!
All T-shirt options here!
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.
Last edited:
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).
Last edited: