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Original Message:
Mexico Value Added Tax (VAT) (by Troy J.):
The VAT in Mexico on Border Zones will be increasing from 11% to 16% effective Jan 1, 2014.
I purchased a timeshare back in July of 2013. The VAT of 11% was charged at the time of purchase.
The resort is now trying to increase my monthly membership fees by the 5%.
Can they do this? I believe the VAT is charged at the time of purchase and has nothing to do with the timing or billing of payments and they are just trying to take advantage of its members and trying to pass along the additional tax.