Taxes and registration costs - SailNet Community

   Search Sailnet:

 forums  store  


Quick Menu
Forums           
Articles          
Galleries        
Boat Reviews  
Classifieds     
Search SailNet 
Boat Search (new)

Shop the
SailNet Store
Anchor Locker
Boatbuilding & Repair
Charts
Clothing
Electrical
Electronics
Engine
Hatches and Portlights
Interior And Galley
Maintenance
Marine Electronics
Navigation
Other Items
Plumbing and Pumps
Rigging
Safety
Sailing Hardware
Trailer & Watersports
Clearance Items

Advertise Here






Go Back   SailNet Community > On Board > Boat Review and Purchase Forum
 Not a Member? 


Reply
 
LinkBack Thread Tools
  #1  
Old 10-31-2000
Junior Member
 
Join Date: Oct 2000
Posts: 1
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 0
CaptainTrix is on a distinguished road
Taxes and registration costs

I am considering buying a 40+ footer. Are there any ways around paying state sales taxes. Buying oversea, for example. Are there advantages to declaring one place vs. another as your documented home port?
Reply With Quote Quick reply to this message Share with Facebook
  #2  
Old 10-31-2000
paulk's Avatar
Senior Member
 
Join Date: Jun 2000
Location: CT/ Long Island Sound
Posts: 2,545
Thanks: 4
Thanked 22 Times in 21 Posts
Rep Power: 15
paulk is on a distinguished road
Taxes and registration costs

More and more states are getting wise to "out of state" or "foreign" ownership. Connecticut, for example, charges a fee if a boat stays moored in CT for more than 30 (I think) days. This is regardless of what state it''s registered in. Foreign registration may make U.S. documentation difficult...and subject you to really exciting taxes like TVA or VAT, which make U.S. sales taxes look like chump change. By the time you''ve paid a service (or lawyer) to look into it, paying the tax might be cheaper. It would certainly be simpler.
Reply With Quote Quick reply to this message Share with Facebook
  #3  
Old 11-09-2000
HerbDB's Avatar
Senior Member
 
Join Date: Sep 2000
Location: Eastern Pennsylvania
Posts: 203
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 15
HerbDB is on a distinguished road
Taxes and registration costs

Things are worse if you live in Pennsylvania. I have a sailboat that I bought in New Jersey and keep in Maryland. I paid tax on the boat in New Jersey based on their laws then a little more to Maryland when I moved it there because of differences in the tax laws. I had no problem with these taxes. Pennsylavania wrote me a letter informing me that if my boat was ever used (defined as touching the shore of) in Pennsylvania I would owe them a 6% USE FEE. This is not a tax and it does not matter where or how much tax I might have paid elsewhere. Needless to say, I''ll never take it to PA.

Herb
Reply With Quote Quick reply to this message Share with Facebook
Reply

Quick Reply
Message:
Options

By choosing to post the reply above you agree to the rules you agreed to when joining Sailnet.
Click Here to view those rules.

Register Now

In order to be able to post messages on the SailNet Community forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.
Please note: After entering 3 characters a list of Usernames already in use will appear and the list will disappear once a valid Username is entered.
User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.
Password:
Confirm Password:
Email Address
Please enter a valid email address for yourself.
Email Address:

Log-in

Human Verification

In order to verify that you are a human and not a spam bot, please enter the answer into the following box below based on the instructions contained in the graphic.




Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools

 
Posting Rules
You may post new threads
You may post replies
You may post attachments
You may edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On


Similar Threads
Thread Thread Starter Forum Replies Last Post
boat purchase, taxes, residence -- help for NW sailer? winslow59 Boat Review and Purchase Forum 15 01-14-2007 11:20 PM
Minimizing Taxes; Hailing Port kc_cmc Boat Review and Purchase Forum 14 03-04-2004 07:40 PM
Taxes - Residence - Registration winslow59 General Discussion (sailing related) 4 01-14-2004 10:37 AM
boat registration c172guy Cruising & Liveaboard Forum 1 05-14-2003 12:31 PM
sales tax/state registration prussell General Discussion (sailing related) 1 08-06-2002 11:18 AM


All times are GMT -4. The time now is 02:52 PM.

Add to My Yahoo!         
Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2014, vBulletin Solutions, Inc.
SEO by vBSEO 3.6.1
(c) Marine.com LLC 2000-2012

The SailNet.com store is owned and operated by a company independent of the SailNet.com forum. You are now leaving the SailNet forum. Click OK to continue or Cancel to return to the SailNet forum.