wdrl
DIS Veteran
- Joined
- May 15, 2009
- Messages
- 3,686
PS: To get to the $64, you take one half* of the annual dues per point(rumored to be $4.31 on another thread) and multiply by the number of points for the stay and then multiply by the Transient Accomodations Tax (going to 9.25% on July 1 of this year).
322 x 4.31 x 0.5 x 0.0925 = 64.18
* The state of Hawaii defines the daily fair market value of your stay as one half of the daily annual dues for each day of your stay.
As you point out, Hawaii's Transient Accommodations Tax is going from 8.25% to 9.25% as of 7/1/2010. However, it is scheduled to be reduced over the next 5 years and is expected to be back down to 7.25% by 2015.