Tuesday, May 12, 2009

Double Taxing Timeshares in Hawaii

For timeshares that are owned in Hawaii you pay property tax PLUS a "Timeshare Transient Tax" of 7.75% per day, aka occupancy tax. To clarify, this tax is charged regardless of the occupant being an owner, a relative of the owner, or a renter, as well as someone that owns a timeshare in another state, or country, that has made the unfortunate decision to exchange timeshares to be able to visit the State of Hawaii.


And the State of Hawaii won't even let property owners get a Library Card.


Yeap, Hawaii is Double Taxing owners of timeshares. Taxation with represenation!




http://www.uhero.hawaii.edu/workingpaper/UHERO_WP2008-02.pdf

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