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Re: Hotel tax rising to 10%
[Re: RatmansWife]
#96945
05/08/2016 07:59 PM
05/08/2016 07:59 PM
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Joined: Mar 2008
Posts: 8,530 Ya never know...
HillsideView
Traveler
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Traveler
Joined: Mar 2008
Posts: 8,530
Ya never know...
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I expect they will be coming after the charter boats sooner rather than later. Hotels and villas that are subject to this tax aren't exactly turning away customers. You can talk to a lot of property owners/operators and you hear the same thing, "February is the high season". Not like it was in the past. Many people we have known for years have finally voted with their feet.
My foot fits right into my shoe and my shoe will fit right into your...
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Re: Hotel tax rising to 10%
[Re: HillsideView]
#96946
05/08/2016 09:27 PM
05/08/2016 09:27 PM
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Joined: Oct 2004
Posts: 1,951 St. John, USVI
RickG
Traveler
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Traveler
Joined: Oct 2004
Posts: 1,951
St. John, USVI
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Hotel tax in the USVI is 12.5%. On St. John there is no more low season. Even September gets busy. Maybe its not the hotel tax?
Cheers, RickG
S/V Echoes, 2003 Beneteau 423 Grenada
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Re: Hotel tax rising to 10%
[Re: RatmansWife]
#96947
05/08/2016 09:54 PM
05/08/2016 09:54 PM
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Joined: Oct 2000
Posts: 4,267 Vero Beach, Fl and South Sound...
tpcook
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Traveler
Joined: Oct 2000
Posts: 4,267
Vero Beach, Fl and South Sound...
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After Homeaway/VRBO takes 10% and the Hotel tax takes another 3% along with increases in ferry taxes and departure tax, the tourist is taking a big hit. It will definitely decrease rentals. Maybe so much that the 3% increase may give them no more money. I guess what bothers me is that people like me have invested large sums of money and sweat equity in a villa or a hotel and other groups take money out my pocket with no investment. <img src="http://www.traveltalkonline.com/forums/images/graemlins/duh.gif" alt="" />
Last edited by tpcook; 05/08/2016 10:11 PM.
tpcook
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Re: Hotel tax rising to 10%
[Re: tpcook]
#96948
05/08/2016 10:56 PM
05/08/2016 10:56 PM
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Joined: Mar 2008
Posts: 8,530 Ya never know...
HillsideView
Traveler
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Traveler
Joined: Mar 2008
Posts: 8,530
Ya never know...
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Not surprising really. If you look back to around 2007 or so, the business model being widely used in the BVI was "Business is bad so I raise my price". Same thing here,with all the hotels that are closed down, just raise the tax to recoup lost revenue. Wait until the airport fiasco gets underway. Watch taxes then. <img src="http://www.traveltalkonline.com/forums/images/graemlins/Yikes.gif" alt="" /> I fully expect to see a sales tax instituted within 5 years, if not sooner.
My foot fits right into my shoe and my shoe will fit right into your...
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Re: Hotel tax rising to 10%
[Re: HillsideView]
#96950
05/09/2016 02:19 PM
05/09/2016 02:19 PM
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Joined: Feb 2008
Posts: 826 Tortola, BVI
LianeLeTendre
Traveler
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Traveler
Joined: Feb 2008
Posts: 826
Tortola, BVI
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HillsideView said: I fully expect to see a sales tax instituted within 5 years, if not sooner. My gut tells me there will be a sales tax implemented within two years ... tops. The government is really in a pickle in regards to cash flow. The easiest and fastest way to build a revenue stream is to institute a sales tax on all consumer goods. Of course, they already get their cut on shipping and duty ... but when you need real money, charge tax on the retail price of goods! It's a sad, sad situation.
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Re: Hotel tax rising to 10%
[Re: LianeLeTendre]
#96951
05/09/2016 06:50 PM
05/09/2016 06:50 PM
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Joined: Oct 2009
Posts: 1,661 Memphis, BVI, CT
RatmansWife
OP
Traveler
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OP
Traveler
Joined: Oct 2009
Posts: 1,661
Memphis, BVI, CT
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Somebody has to pay for that cruise pier, hospital, airport, etc. You sure wouldn't want it to be the people who benefit (if such exist). So charge the tourists! And up the ante to cover the decline in financial services. Now there are also loans to pay off.
They want to charge the hotel tax on boats. The departure tax has already been raised. They plan to raise duty. They have talked of raising real estate taxes.
Meanwhile, they have proven woefully inept at collecting hospital fees, land rents and taxes. The bureaucracy is bloated and inefficient. There is no amount of cash flow sufficient to pay for that level of poor governance.
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