Petition to Provide Concession for 2020 Maui Vacation Property Taxes
Maui owners came up with a sample tax concession petition to Maui County to retroactively lower the property taxes assessed on Maui vacation rentals, reflecting their loss of use during COVID-19 pandemic. In Maui County, property’s tax rates depend on its classification for tax rate purposes. Properties that are classified as short-term rentals are subject to the highest property tax. According to 2020 Classification table, owners renting short term are paying 1.1% while owner occupied tax is around 2.6% and non-owner…