Re: Best Eastern Seaboard State for Sales Tax
Virginia sales tax is 2%. Maryland is 5% with a cap of $15k. If you have your boat in either state for over 90 days you are liable for the sales tax. I donít believe MD has personal property tax on boats under 100 ft. Virginia does, however, there are locations like Colonial Beach and Hampton that have reduced their rate to basically zero. Being on the Potomac, I had a choice of the two states and picked Colonial Beach, VA because it was cheaper (and convenient).
Catalina 42 MK II
Colonial Beach, Virginia