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post #11 of 21 Old 07-28-2006
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Don't worry Johnrb, he never lets the fact that he has no idea what he is talking about get in the way of posting a response.
Simon: You would not pay sales tax in the State at the time of purchase. However if you decide to register the boat in the State of purchase for whatever reason then you would pay the applicable sales and licensing taxes. As for whether you would be entitled to an offset from the Australian government for taxes upon your arrival you will have to research that issue. .
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post #12 of 21 Old 07-28-2006
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Johnrb,

Here's a link to how one state (MA) handles sales tax, and I suspect somewhat similar procedures exist in most states that impose a sales tax:
http://www.dor.state.ma.us/publ/pdfs/sls_use.pdf You will need to rersearch the state you decide to purchase in.

In MA if one buys a boat through a boat dealer or a broker, the dealer or broker will collect the sales tax in the sales contract, and you can't avoid it...unless as part of the contract the seller is to deliver the boat out-of-state or to a shipper for transportatation out-of-the state. In your case you could buy a boat in MA with no sales tax if you have it removed...The state has gotten very good at finding vessels that have ducked a sales tax and hitting them with the same 5% tax as a "use" tax, if the boat has been kept in state.

I have to ask, Oz and NZ have a lot of excellent performance cruising boats, why go have the way around the world for a Catalina? It seems a little like importing a Ford Taurus to a land filled with Ford F6 Typhoons and Falcon XR6s. Have you ever sailed a Catalina?
Good luck.
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post #13 of 21 Old 07-29-2006 Thread Starter
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Quote:
Originally Posted by sailingfool
Johnrb,

I have to ask, Oz and NZ have a lot of excellent performance cruising boats, why go have the way around the world for a Catalina? It seems a little like importing a Ford Taurus to a land filled with Ford F6 Typhoons and Falcon XR6s. Have you ever sailed a Catalina?
Good luck.
Cost : yachts in the US built in GRP are half the cost as in Oz. For the price of a catalina 38, cal 39, c&c 38-40 or bristol 40, you can geat a one off steel yacht in good condition or a very good ferro cement of the same size. it comes down to value for money and i dont mind a bit of history.
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post #14 of 21 Old 07-29-2006
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Simon, the typical sales tax for motor vehicles in the US (and in most states a boat is classed as a motor vehicle) can run up to nearly 9%. That's local, county, and state taxes, with no applicable federal salzes taxes.

But the good news is that, as best I know, no jurisdiction charges you sales tax IF you are #1, not a state resident, and #2, the vessel is being removed from the state within 30 days. Sometimes you will have 90 days...you need to check in the state where you will be pruchasing the boat. Most states have a Department of Motor Vehicles (DMV) or Department of Taxation and Finance (for sales tax in general) or other authority with a web site that can explain the terms to you. They should all also be available by telephone of course. And, if the seller is a licensed broker or motor vehicle dealer, they usually know the tax rules and can confirm them for you.
The biggest problem would be if you purchased a boat for export and then, for any reason, got stuck and didn't get it out before the time period tolled. In theory you'd have to pay tax at that point--but in practice, since you would not be registering it in the US, that might also slip by.

When dealing with bureaucrats and money, I find it is often safest to get your answers in writing, on letterheads, and then if someone else down the line says "That's wrong" you have official documentation to back up what you are expecting.

If "same same" used boats in Oz are selling for twice their US market value, I'm a gonna start buying boats in California and sailing West to sell them! It's hard to believe there is that big a price difference, without some government tariffs being a huge part of the explanation.

Last edited by hellosailor; 07-29-2006 at 06:12 PM.
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post #15 of 21 Old 07-30-2006 Thread Starter
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Hi Hellosailor

Thanks for the reply. Have a look at www.yachthub.com this will give you an idea of the market here. transport with Dockwise from Florida to Brisbane paid 5 mts in advance for a 12 Meter yacht, is about US$17400.

part of the differece in the cost could be we have 20 million people, if 1% are into yachts thats 200000, the states 3 billion people , if 1% thats 3 millon, thats a lot of yacts,

Last edited by SimonV; 07-31-2006 at 02:59 AM.
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post #16 of 21 Old 07-30-2006
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"Dockwize" appears to have avoided Google, except for one reference to one company whose site is down, about an airship.

Is that $17,400 for sea freight (deck cargo) or for a delivery crew with return airfare? Crew of four to the East Coast could be a fast $5000 just for the airfare, making the delivery cruise $12,000 or so. Less something like a thousand dollars for the Canal transit these days. For....what, 8 weeks times four paid crew? $344 per crew per week, substantially less after expenses and food taken out?

After all, it's a long trip unless you can find four friends and some discount air tickets.
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post #17 of 21 Old 07-30-2006
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Dockwise Yatch Transport is the company's name...not Dockwize...Their website is http://www.yacht-transport.com/

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post #18 of 21 Old 07-30-2006
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Sailingdog-
Oh, THEM! The float-on float-off folks who cater to the Yacht-with-capital-Y trade and offer room and accomodation on board for the professionals crews that are transported with the yachts.
I'd call them an unfair point of comparison, that's a fairly unique service they offer.
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post #19 of 21 Old 07-30-2006
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Unhappy

Don't you blokes get too enthused about bringing yachts here to OZ to put on the market. I am coming to the States to buy one later. BUT I will be sailing back for the adventure of it.

Once here there is our GST on it, a haul out for inspection, a methyl-bromide fumigation, cost to keep it at a marina and preparation for sale. A real down side is a lack of marina space for a yacht. Most are full and the rule is, first find a space and then buy your boat.
I will be very happy if I can get rid of mine for what it would owe me...But to be honest, I expect to make a loss on it.

Some of the higher end boats would show a return but then unless you keep it for a year, I think you would pay a capital gains type of tax on it.

We are not known as the highest taxed nation on earth for nothing..
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post #20 of 21 Old 07-31-2006
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Question Tax

SimonV:
If you wish to buy in the U.S. why not buy in a state with NO sales tax on these large purchases? I would suggest Oregon: i.e. NO sales tax on purchases.
We have all kinds of boats in state. You could ship it out of Portland, Astoria, Coos Bay or whereever. Bottom line = NO sales tax to add to the total cost of your sailboat + less transportation cost.

Just a thought...
Good luck!
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