Offshoreonly.com - CA personal property tax??

Offshoreonly.com (https://www.offshoreonly.com/forums/)

- General Boating Discussion (https://www.offshoreonly.com/forums/general-boating-discussion-51/)

- - CA personal property tax?? (https://www.offshoreonly.com/forums/general-boating-discussion/123589-ca-personal-property-tax.html)

CAFormula1

02-27-2006 06:54 PM

CA personal property tax??

I have always kept/registered my boats out of state..can anyone tell me if I were to have a documented boat in CA, would I have to pay PPT? and if so what are the rates?

Thanks
KL

Lofty

02-27-2006 07:06 PM

Re: CA personal property tax??

Yes, and don't ask. Why not register it with the Coast Guard and avoid the whole thing?

CAFormula1

02-27-2006 08:21 PM

Re: CA personal property tax??

Quote:

Originally Posted by Lofty

Yes, and don't ask. Why not register it with the Coast Guard and avoid the whole thing?

If the boat is Coast Guard "Documented" do you still pay personal property tax in CA?

KL

Semper Fi

02-27-2006 08:53 PM

Re: CA personal property tax??

If the boat is NOT documented with the Coast Guard, you may be liable for Unsecured Property Tax for the boat. The reason I say you "may be liable" is because they usually don't go after you, but when you go somewhere to dock (usually a Marina) they report your CF numbers to the Ca. State Board of Equilization and then you will have to pay. Most people don't get caught and don't pay the tax.
If your boat is documented with the Coast Guard, you don't have to worry about it. Trust me, this is all true, I am speaking from experience firsthand :D

All times are GMT -5. The time now is 09:35 PM.