Go Back  Offshoreonly.com > General Discussion > General Boating Discussion
Sales tax on a Documented boat >

Sales tax on a Documented boat

Like Tree0Likes

Sales tax on a Documented boat


Old 10-23-2006, 07:53 PM
kjm5125's Avatar
Join Date: Feb 2006
Location: Sandusky/Olmsted Falls, OH
My Boat: Formula-2004, 382 Fastech w/Arneson Surface Drives
Posts: 674
Default Re: Sales tax on a Documented boat

I purchased my boat out of state, so I contacted the Ohio Department of Taxation. They told me to claim it on my taxes or send in a check for the tax with an explanation. In reviewing Ohio law they consider it a "voluntary tax", just like sales tax on internet sales. However, because of the dollar amount involved they will track you down. If you trailer your boat, they probably already know.
kjm5125 is offline  
Reply With Quote
Old 10-25-2006, 08:50 PM
Rough Seas Lie Ahead
Gold Member
Reckless32's Avatar
Join Date: Feb 2002
Location: Virginia Beach, VA
Posts: 2,465
Default Re: Sales tax on a Documented boat

Seems they're doing that all over. Same here in Va. Beach. Just got a letter from the city asking about purchase date etc. for property taxes. Of course right now there's a moratorium (sp) on boat property taxes so it should only cost me pennies....Hopefully....
Reckless32 is offline  
Reply With Quote
Old 04-05-2007, 03:51 PM
Gone Fishin'
Charter Member
Waterfoul's Avatar
Join Date: Nov 2000
Location: Grand Rapids/Holland/Grand Haven
My Boat: 1988 Tracker Pro 17, 40 hp Mariner.....1972 Glastron GT 140, Merc 50 power!!!
Posts: 7,408

a friend of Waterfouls here.........

I just purchased a boat in NV, it is documented
can I transfer the documentation with a (my) new adress in NV.
is it true there is no tax in NV on the boat sale?

then , at a later date, I decide to move my vacation boat to michigan, and register it there?
[b]M Go Blue.......Gator boots, gator luggage, gator purses... all at cut rate deals!!!!
Waterfoul is offline  
Reply With Quote
Old 04-05-2007, 04:55 PM
Join Date: Jan 2007
Location: Mansfield, TX
My Boat: 1990 28 Apache SOLD!, 2005 Pioneer 175 Venture
Posts: 5,757

If you never paid the tax - there is no statute of limitations..... generally. I would suspect the state laws mirror that of the federal income tax laws whereby if you fail to file a return and you owe tax the statute of limitation remains open indefinitely. If its been registered there should be a paper trail showing the tax paid.
TexomaPowerboater is offline  
Reply With Quote
Old 04-05-2007, 06:25 PM
bouyhunter's Avatar
Join Date: Aug 2002
Location: Apache Jct. AZ
My Boat: 24' Pantera
Posts: 5,646

When I bought my first boat in Ohio, I had to pay tax on the boat, but not the trailer. The previous owner agreed to write up the receipt with me for an expensive trailer, with a cheap boat sitting on it
I wasn't outrageous about it, but the trailer certainly wasn't a brand new Myco - just priced that way
That was several moons ago, don't know what it's like today.
bouyhunter is offline  
Reply With Quote
Old 04-05-2007, 08:10 PM
RedDog382's Avatar
Join Date: Sep 2003
Location: Toledo, Ohio/Las Vegas, NV
My Boat: '99 Formula 382 Poker Run Special/'05 Formula 260 SS
Posts: 3,029

Originally Posted by Chris Sunkin View Post
In Ohio, the only way to pay the tax is either via titling the vehicle or adding it to your state income tax return- both leave a trail. If you owed the tax but avoided it, you technically committed a crime. Lying about it might be even worse. Remember martha Stewart? She didn't break any laws but lied to investigators- went to Federal prison.
They way they get you in Ohio is with the state registration which is still required for a documented vessel. I got by for a year and a half before they found me. I was given the option to avoid a significant fine with the immediate payment of "overdue" tax plus interest.
RedDog382 is offline  
Reply With Quote
Old 04-05-2007, 09:45 PM
iTrader: (4)
Join Date: Oct 2002
Location: Bowling Green, Kentucky
My Boat: DCB F-32
Posts: 1,867

Wildman, Are you asking about sales tax or personal property tax? In KY no sales tax on used purchases. If it was a new boat, then the tax was due. Yearly personal property tax is reportable on Tangible State Tax return. You are supposed to pay tax on the boat if it was in Kentucky on January 1. If it was not in KY on January 1 then no tax due. I would have receipts for boat storage, etc... to prove this. To my knowledge they are going back 5 years. I got opinions from several accountants on this matter. I'm paying the tax.
SkiDoc is offline  
Reply With Quote
Old 04-05-2007, 10:46 PM
ITLLFLI's Avatar
Join Date: Mar 2001
Location: cincinnati, ohio,
My Boat: 1973 Donzi X-18 Jet / Malibu Wakesetter / 1974 Sanger Super Jet/ 1970 Donzi St. Tropez
Posts: 673


ITLLFLI is offline  
Reply With Quote
Related Topics
Thread Starter
Last Post
General Q & A
01-05-2007 12:15 AM
General Boating Discussion
08-30-2005 06:07 PM
General Boating Discussion
04-02-2005 12:06 PM
General Boating Discussion
06-09-2002 10:31 PM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

Quick Reply: Sales tax on a Documented boat

OSO Sponsor
OSO Advertiser
OSO Advertiser
OSO Advertiser