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  1. #1
    Registered miamioffshore's Avatar
    My Boats:
    Cigarette Cafe Racer
    Join Date
    Jun 2005

    Tax implications of purchasing boat in Canada?

    Looking at a boat thats located in Canada. I'm wondering what the tax implications of doing so would be? Would I have to pay sales tax here in the U.S.? What about if I document with the Coast Guard? I plan to go to the bahamas in it so I probably would want to document anyway.

    Last edited by miamioffshore; 08-04-2005 at 11:03 AM.

  2. #2
    Registered waybomb's Avatar
    My Boats:
    1988 Cougar USA1 46', 1987 Carver 36' Mariner, 1964 17' Barron Flatbottom, 1968 15' Glaspar
    Join Date
    Jan 2004
    South of the North Pole

    Re: Tax implications of purchasing boat in Canada?

    Just bought my boat in Canada. However, this boat was originally a US boat, so all duties were paid once. So I did not have to pay duties.
    As for sales tax, that's up to the state you intend to register it in. Some want sales tax and some have a personal property tax. Doesn't matter if it is documented or not.
    You should use a broker to bring the boat in. I used Norman-Jensen. Laurie Boucher @ 810-982-8183.

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