Best Eastern Seaboard State for Sales Tax - Page 10 - SailNet Community
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post #91 of 95 Old 02-04-2020
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Re: Best Eastern Seaboard State for Sales Tax

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you are missing my point. It appears that if the boat spends one year in a state, then a year out of that state repeat... tax is continually being assessed? Or... once it is paid to that state your good to go forever in that state... but will pay tax in other states... where the boat spends threshold time.

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post #92 of 95 Old 02-04-2020
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Re: Best Eastern Seaboard State for Sales Tax

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you are missing my point. It appears that if the boat spends one year in a state, then a year out of that state repeat... tax is continually being assessed? Or... once it is paid to that state your good to go forever in that state... but will pay tax in other states... where the boat spends threshold time.
Conn, seems pretty complicated. I think You'll really need to get the info from the horse's mouth.

There's lots of different type of taxes.

I can't see that Conn. can charge you " Sales" tax for a vessel that you Purchased in 1985 and paid sales tax on in NY? And have owned continuously. I'm sure it will be help your case if you still have those documents.

The question then would seem to be registration requirements, and possible " Use" tax or personal property tax or whatever they might call it.

If you're just storing it there from Oct. to May? this document might apply. Item # 17 might be of interest?

https://portal.ct.gov/-/media/DRS/Pu...(20).pdf?la=en
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post #93 of 95 Old 02-04-2020
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Re: Best Eastern Seaboard State for Sales Tax

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Originally Posted by SanderO View Post
you are missing my point. It appears that if the boat spends one year in a state, then a year out of that state repeat... tax is continually being assessed? Or... once it is paid to that state your good to go forever in that state... but will pay tax in other states... where the boat spends threshold time.
Yes, it's complicated, and 100% specific to those two states. A general discussion will not get you anything definitive. My advice:

1. Start a new thread "How to handle reg/tax issues sailing out of NY but wintering in CT ?" And post the relevant details.

2. Identify and consult with a CT tax professional or lawyer with **lots** of boat experience. Ask for reco's in the above thread, call the FL lawyer I posted for a referral, ask around the dealers and marinas in CT - believe me the whole CT industry will be very au fait with NYers' needs, much more than v/v

3. walk into a DMV, or maybe try calling and ask for their opinion, but don't take it as gospel and of course don't reveal you're already liable

4. do not rely on specific advice from us internet experts, unless cross-referenced with what you get from #2 & #3
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post #94 of 95 Old 02-04-2020
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Re: Best Eastern Seaboard State for Sales Tax

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Yes, it's complicated, and 100% specific to those two states. A general discussion will not get you anything definitive. My advice:

1. Start a new thread "How to handle reg/tax issues sailing out of NY but wintering in CT ?" And post the relevant details.

2. Identify and consult with a CT tax professional or lawyer with **lots** of boat experience. Ask for reco's in the above thread, call the FL lawyer I posted for a referral, ask around the dealers and marinas in CT - believe me the whole CT industry will be very au fait with NYers' needs, much more than v/v

3. walk into a DMV, or maybe try calling and ask for their opinion, but don't take it as gospel and of course don't reveal you're already liable

4. do not rely on specific advice from us internet experts, unless cross-referenced with what you get from #2 & #3
Spoke with CT DMV and was told:
form B 148, copy of USCG Documentation, reg fee, mail it to DMV for a reg sticker.

pay attention... someone's life depends on it
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post #95 of 95 Old 02-04-2020
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Re: Best Eastern Seaboard State for Sales Tax

Yes how to register is straightforward.

But the taxation one is more an issue. Town property taxes as well.

And most of all, when back on Long Island, when do **they** consider you liable?

You don't want to switch the boat's domicile twice every year. . .
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