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Mayan Palace - Mexican Tax

(2 votes, average 3.00 out of 5)

Tuesday, 06 January 2009 18:00

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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Comments

-1 # Don\'t worry — John 2009-05-03 03:32

Don't worry I don't think you will be renting much as this is the classic Mayan Rental Investment scam.

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+2 # don't worry — vickie 2010-09-08 18:52

John, did you purchase? and did you ever get a check as promised???

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+2 # Guest 2010-01-08 10:20

IVA is value added tax. Sometimes business will specifically say that IVA is not included, if they don't say that its not included they cant make you pay it.

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0 # RE: Mayan Palace - Mexican Tax — norma Smith Davis 2011-06-22 20:13

Is it true that when you sell a time share it is taxed as an ordinary Vat of 16%? Plus another 3% for registry? And is it true that it must be paid before the sale is completed? Something about the NAFTA rules. I will so appreciate an answer on this. Thanks

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0 # Mexcian IVA tax — Richard126a 2011-08-09 19:10

Norma Smith Davis, Did you receive an offer to sell from Global Event? This sounds like what we are facing right now...the prepayment of a 16% IVA. If so, what is the status of your transaction? Thanks!!

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0 # RE: Mexcian IVA tax — norma Smith Davis 2011-08-10 20:47

My bogus offer came from vacations International with an offer to buy my Playa Del Sol property. First I was scammed out of $4500 for a "refundable" escrow transfer, but when they asked for VAT i remembered that I had already paid that when I bought in the first place. I have turned them in to the FBI, but no word from them yet. BOO HOO. I got scammed.

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