Join Date: Mar 2011
Location: Danbury, CT
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Rep Power: 6
Who registered their boat outside their home state?
I was thinking about Trucking companies and the common practice of registering equipment in tax free states like Maine and TN. I was at the marina last week and noticed a few boats from far away that have been there for quite some time. In the past I assumed they were transients, but now I am thinking that the boats are just registered out of state because of CT's high personal property taxes.
Do sailors use tax loopholes like this and what States are the cheapest for Registration/taxes?