Join Date: Feb 2010
Location: Narragansett Bay
Thanked 224 Times in 209 Posts
Rep Power: 7
Re: Skipping CA tax ?
Lot's of confusion above. Sales tax is paid upon sale and sometimes collected when you register. Use tax is the equivalent concept, but due upon "using" your property within the State. The concept is born from those that buy their property in another state and immediately remove it, thereby being exempt from sales tax in the state of purchase. The State you use your property withing still wants their vig.
Looks up California Sale/Use tax rules. Some states will provide a longer exemption for moving your property to your home state, if you keep the boat on the hard. I do not know CA rules.
However, forget about trying to beat the system by lying or deceiving. If you get caught (and the tax guys LOVE to catch rich boat owners), the penalties and interest will make you bleed. Do it correctly.
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
In the harsh marine environment, something is always in need of repair. Margaritas fix everything.