boat tax
 

question on boat taxes
does anybody know if there is taxes involved when a private
individual sells to another private individual.
what about from state to state? az to mi ?
thanks
racer

Most states don't have a "sales tax"...they have a registration tax. You can buy the boat, you just can't register it without paying the tax.

when you register the boat in your home state, they will charge you the tax rate for that state. People try to do out of state delivery all the time to avoid that tax but it always comes back to bite them in the azz

boat is coast guard registered. does that make a difference?
racer

in la , if boat is older than 10 years old no sales tax..bought my cig from west palm , just paid registration with wildlife/fishers which is low.

In Arizona , no. Infact it's very inexpensive for you to register your boat. I have my Advantage registered there because I own a home in AZ. No sales tax .


Darrell.

if the new owner is in MI, he/she will be required to pay the 6% sales tax plus registration..........

make sure the seller is nice enough to leave the sales price line blank....so you can fill in a reasonable number.

if boat is coast guard registered it should not have to be registered with state correct?
coast guard documentation is good in all states.

If its going to OK, then you will not have to pay tax as long as its a 1998 or older. Every single state is different. I would have to pay 8.25% sales tax in TX regardless of what year boat. You should be able to look at the state tax website and get the info you need. Or if you don't speak tax, just give them a call.