DL Transient Occupancy Tax

[PolyRob]

I have one. What’s the best way to search the document for it. Maybe for the word Transient?

Yes! That's what I was going to try if I found it online. Thank you!!

 

[VGCgroupie]

Hmmm is it the documents you get when you purchase that would have the info?

 

[PolyRob]

Hmmm is it the documents you get when you purchase that would have the info?

I think so? The POS (public offering statement)?

 

[PolyRob]

I found this from 2013... https://cdn1.parksmedia.wdprapps.disney.com/media/dvc/en/collateral-docs/gcal-pos-rev-12_30_13.pdf

Transient only came up under estimated operating budget 2x. I don't see any calculation or terms besides the definition "12. Transient Occupancu Tax - Tax on timeshare occupancy in the City of Anaheim, California."

Must keep digging!

 

[Brian Noble]

can anything change with VGC contracts and the agreed ToT discount?

Yes. Local municipalities have the authority to impose lodging taxes if they so choose---so that is up to Anaheim, Orange County, and the State. As mentioned above, it is probalby unlikely, and any changes are likely to be imposed equally (well, proportionally) to both properties. So, it is not something I would spend time worrying about.

I’m sure @Sandisw will come in and drop the contract knowledge on us

This is not a matter that is contractual between buyers and Disney. It is a governmental function, and Disney cannot guarantee that buyers are not subject to changes in local taxation.

For example, Hawaii recently increased the lodging tax rate that is applied to timeshares (among other properties). Anyone staying in a Hawaiin timeshare will pay it, no matter what the original deal was with the developer.

https://abcnews.go.com/US/hawaii-increases-hotel-tax-state-cope-climate-change/story?id=121517414

 

[squeezeplay101]

It's ok, we're learning from our mistakes! I had years of WDW deluxe stays under my belt before I finally purchased points. I don't want to calculate how many points that money would have equated to. Thankfully it was always an AP/discounted rate and not rack rate.

Same here. I'd always stayed using a discount, but finally came to terms that even with the discounts, the prices were steadily outpacing what I could afford. Making the plunge into DVC has stabilized the cost (at least for lodging) to enable future trips.

 

[DonMacGregor]

I have not read the VGC contract like I have other ones but from what I do remember, the way it is set up it’s formula can not all of a sudden be changed.

IIRC, it was a deal made with the city for the rate…and, Disney declined some situation which is why VDH doesn’t have it.

@DonMacGregor probably has a better take!!

I'll just link this old thread...

Don't Like the VDH Transient Occupancy Tax? Blame Disney (Sorta)

 

[PolyRob]

Yes. Local municipalities have the authority to impose lodging taxes if they so choose---so that is up to Anaheim, Orange County, and the State. As mentioned above, it is probalby unlikely, and any changes are likely to be imposed equally (well, proportionally) to both properties. So, it is not something I would spend time worrying about.


This is not a matter that is contractual between buyers and Disney. It is a governmental function, and Disney cannot guarantee that buyers are not subject to changes in local taxation.

For example, Hawaii recently increased the lodging tax rate that is applied to timeshares (among other properties). Anyone staying in a Hawaiin timeshare will pay it, no matter what the original deal was with the developer.

https://abcnews.go.com/US/hawaii-increases-hotel-tax-state-cope-climate-change/story?id=121517414

Thanks, this is a perfect example that puts it in perspective

 

[PolyRob]

Same here. I'd always stayed using a discount, but finally came to terms that even with the discounts, the prices were steadily outpacing what I could afford. Making the plunge into DVC has stabilized the cost (at least for lodging) to enable future trips.

Yes! And those discounts became harder and harder to apply with specific dates and resort availability. Now I can book exactly what I want well in advance.

 

[PolyRob]

I'll just link this old thread...

Don't Like the VDH Transient Occupancy Tax? Blame Disney (Sorta)

Thank you, I have some reading to do tonight!

 

[VGCgroupie]

Thank you, I have some reading to do tonight!

Please enlighten me on what you make of what you read

 

[Sandisw]

That's my hope! I have to find the VGC contract online and peruse to see what it says. It would make me feel better to see it in writing.

You can find the POS document for all the resorts you own in your DVC account.

Go to Profile, and then Collateral Documents. The POS is there, as well as the Multi site POS, as well as an amendments done.

 

[PolyRob]

Please enlighten me on what you make of what you read

Will do!

 

[PolyRob]

You can find the POS document for all the resorts you own in your DVC account.

Go to Profile, and then Collateral Documents. The POS is there, as well as the Multi site POS, as well as an amendments done.

Thank you! I currently only own VGF, but it's good to know it's there. Strange it's buried outside of "membership documents," but nice to see. The VGF POS is also dated 2013 so I guess that VGC I found was up to date.

 

[Sandisw]

Thank you! I currently only own VGF, but it's good to know it's there. Strange it's buried outside of "membership documents," but nice to see. The VGF POS is also dated 2013 so I guess that VGC I found was up to date.

They do add amendments yearly with updated budgets. You might also see one for VGF when BLK was added.

It’s in the same spot and will say “insert”! But it is good to know we have access to our home resorts

 

[PolyRob]

Please enlighten me on what you make of what you read

VDH didn't get a negotiated ToT because of money and a souring relationship between Disney and the city of Anaheim.



Anaheim wanted a guarantee from Disney to pay an increase in wages if it accepted the discounted ToT for VDH and Disney didn't want that. It would have been reduced by 70% so still higher than VGC at $0.51 pp, but coming in around $0.81 pp (down from $2.73 pp).

There's a lot more info in there over the two pages about why it's charged to the guest occupying the space rather than owners since it's an "occupancy" tax, but it seems like the Anaheim ToT hasn't changed since 1995 so the negotiated rate for VGC seems safe

Thanks @DonMacGregor for the information in the other thread and linking it here

 

[VGCgroupie]

VDH didn't get a negotiated ToT because of money and a souring relationship between Disney and the city of Anaheim.

View attachment 969455

Anaheim wanted a guarantee from Disney to pay an increase in wages if it accepted the discounted ToT for VDH and Disney didn't want that. It would have been reduced by 70% so still higher than VGC at $0.51 pp, but coming in around $0.81 pp (down from $2.73 pp).

There's a lot more info in there over the two pages about why it's charged to the guest occupying the space rather than owners since it's an "occupancy" tax, but it seems like the Anaheim ToT hasn't changed since 1995 so the negotiated rate for VGC seems safe

Thanks @DonMacGregor for the information in the other thread and linking it here

Remember reading about the drama between Disney and Anaheim but just never thought about if they could raise it on VGC.

So are you in the market for VGC?

 

[PolyRob]

Remember reading about the drama between Disney and Anaheim but just never thought about if they could raise it on VGC.

So are you in the market for VGC?

Part of me thinks it's a great idea and another thinks it's a terrible idea. Mostly because of ROFR and the fact that I would want to try and book for May with the points. That does give me a few months for it to all happen and still be in the 7-11 month window if something is accepted soon, but much tighter than I would personally like.

There's a contract sitting out there that seems like it would be perfect. I need to sleep on it. Otherwise that money goes to more VGF or PVB if the direct sale gets better. I just have to think about what I truly want most.

 

[VGCgroupie]

Part of me thinks it's a great idea and another thinks it's a terrible idea. Mostly because of ROFR and the fact that I would want to try and book for May with the points. That does give me a few months for it to all happen and still be in the 7-11 month window if something is accepted soon, but much tighter than I would personally like.

There's a contract sitting out there that seems like it would be perfect. I need to sleep on it. Otherwise that money goes to more VGF or PVB if the direct sale gets better. I just have to think about what I truly want most.

Yes resale is wildly unpredictable on how long the process takes. They seem to have to possibly paused the VGC ROFR

 

[PolyRob]

Yes resale is wildly unpredictable on how long the process takes. They seem to have to possibly paused the VGC ROFR

That would be nice! I have to keep an eye on VGF ROFR as well if I go for more.