Where Would Taxes Occur? - SailNet Community
 
LinkBack Thread Tools
post #1 of Old 10-09-2009 Thread Starter
Senior Member
 
thesnort's Avatar
 
Join Date: Jun 2007
Posts: 288
Thanks: 0
Thanked 3 Times in 2 Posts
Rep Power: 8
 
Where Would Taxes Occur?

Scenario: buy a boat in Canada, sail to Washington State within days and register there. Leave in WA for six months and then sail back to Canada for six months. After one year, move boat to California.
thesnort is offline  
Quote Quick Reply Share with Facebook
Sponsored Links
Advertisement
 
post #2 of Old 10-09-2009
Senior Member
 
Join Date: Aug 2006
Location: wherever
Posts: 5,279
Thanks: 8
Thanked 17 Times in 16 Posts
Rep Power: 11
     
Is the boat canadian registered currently?
where do you reside?

What color is the boat?
xort is offline  
Quote Quick Reply Share with Facebook
post #3 of Old 10-09-2009
1977 Morgan OI 30
 
Joesaila's Avatar
 
Join Date: May 2007
Location: Massachusetts
Posts: 438
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 9
 
Home port

My situation is easier... I moore in one town and cross the inlet to store it for the winter. I get a 'tax' bill for where its moored.
Suspecting Canada is somewhat like a giagantic Massachusetts [sorry!] re taxation, You will likely pay at the home port. I'd be surprised if you got a bill from the travel destination. You may have to wait for the 'one world government for that to take place

My formula for living is quite simple. I get up in the morning and I go to bed at night. In between, I occupy myself as best I can.
Cary Grant
Joesaila is offline  
Quote Quick Reply Share with Facebook
post #4 of Old 10-09-2009
Aupiipii Hunter 45Passage
 
Aupiipii's Avatar
 
Join Date: Sep 2009
Location: Victoria - BC - Canada
Posts: 26
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 0
 
I am assuming you are a US resident and you do not live in Canada.

You buy the boat in canada. Since you are US resident, you do not have to pay taxes in Canada.

Once you reach US waters you will have to pay taxes. Next pay your registration.

Back to Canada, no taxes to pay. It is already done.

Moving to California, same - nothing to pay.

In case you are Canadian or you have permanent residence in Canada.

When you are back in Canada with your boat registered in US, you may apply for a temporary storage or use of Canadian waters to avoid paying taxes for a stay longer than 3 months. You might involve need of emercency repairs to have your request approved by Canadian Cost Guard. This way you will save Canadian Taxes.

Hope this help.
Aupiipii is offline  
Quote Quick Reply Share with Facebook
Reply

Quick Reply
Message:
Options

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:
OR

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
Show Printable Version Show Printable Version
Email this Page Email this Page



Similar Threads
Thread Thread Starter Forum Replies Last Post
boat taxes jandjonland Chesapeake Bay 10 07-10-2009 09:47 AM
boat purchase, taxes, residence -- help for NW sailer? winslow59 Boat Review and Purchase Forum 15 01-14-2007 10:20 PM
NC Taxes JakeLevi Boat Review and Purchase Forum 2 10-26-2006 11:38 PM
North Carolina and used boat taxes hitlin Boat Review and Purchase Forum 1 03-31-2005 10:57 AM
Boats and Taxes Sharlyn Boat Review and Purchase Forum 2 05-03-2002 11:04 AM

Posting Rules  
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are On

 
For the best viewing experience please update your browser to Google Chrome