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Mayan Palace - Mexican Tax

 

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Mayan Palace - Mexican Tax

 

January/07/09

 

When purchasing 2 elite weeks and 2 vacation weeks at the Grand Mayan, i was charged an IVA tax of $9100. People i know who sell timeshares have advised me that there is no sales tax on timeshare purchases. What mexican law calls for an IVS tax of 15% on timeshare purchases.

I need to notify the IRS in the USA of this tax, as I will be using some weeks as rentals.

 

Submitted by: Theresa

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