I'd rather be sailing
Join Date: Jul 2006
Location: The state of s/v/ Pelican
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Rep Power: 11
Sales tax - is this right??
I put an offer in on a new (to me) sailboat on Friday and it was accepted. As a result, if it is registered in NYS, where I live, I'll owe over $11k in sales tax. So here's the question...
I'll be sailing the boat on Lake Champlain. The lake is half in New York and half in Vermont. NY has criteria set forth as to registration requirements. One of the criteria says that you have to register the boat if it is not documented and is operated on NY waterways for more than 90 contiguous days.
I'm wondering - if I get the boat documented by the USCG, and I make sure it goes into Vermont waters (perhaps proven by getting a receipt from a marina at each stay) every 80 days or so (in all likelihood, we'll be going every other weekend), wouldn't one think there is no requirement for registration in New York State? The boat will be stored on the hard for the rest of the year, so it won't be "operated". The boat will be delivered to me in Maryland, and I can only find info stating that NYS sales tax has to be paid on boats delivered within NYS. It would appear as if the payment of sales tax and the registration of the boat are not necessary - just documentation.
I don't want to do anything illegal. I'll consult a tax attorney for final say, but I'm just curious as to people's thoughts here..