Join Date: Feb 2007
Location: New Jersey
Thanked 50 Times in 49 Posts
Rep Power: 14
Re: Best Eastern Seaboard State for Sales Tax
I think Dave ( the Op ) has several Challenges.
1st, You have to figure out where you permanently want to keep the boat. Research the Taxes there, and see if you can live with them. Probably the simplest option, maybe not the cheapest.
2nd, You've got to be out of Florida by early March! That's next month! I was thinking that you could document the boat and begin to move it North in March, but I don't think you have time to obtain a documentation, unless they or someone else is willing to expedite for a fee.
3rd, Once you start moving you'd have to research each state's grace period, and leave before you're assessed.
4th, Even if you registered in the two non-tax states that I'm aware of: Delaware or Rhode Island, and paid no Taxes, You would then be faced with moving your boat out wherever you decide to permanently dock her, before being assessed by the state where you're docking it.
5th, That begs the question. If you register in Either Delaware or Rhode Island, and keep moving, could you a year later re-register in Say North Carolina for argument sake, and not have to pay any sales tax.
It looks like North Carolina Has a 3% Sales tax on Boats with a maximum of $1500. But, I might be missing something..here! ( Like an additional personal property or use tax)
6th. Take a Look at North Carolina, If the above is correct, and I make no claim that it is, you could save a bundle.
Last edited by tempest; 02-02-2020 at 02:36 PM.