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Import Taxes?

Old 05-06-2003, 12:16 PM
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phastang's Avatar
Join Date: Apr 2002
Location: Covington, LA
My Boats: 2001 Powerquest 260 SX
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Default Import Taxes?

I was curious if you bought a boat from anther country, like maybe Barbados and had a boat shipped over here. What kind of taxes or regulations would I incur? All help is greatly appreciated. I think I found my next boat.
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Old 05-06-2003, 12:31 PM
Join Date: Jul 2002
Location: Troy, Mich
My Boats: 1984 Chris Cat
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Default Depends

If it was built in the US you should not pay duties any as long as you have a certificate of origin.

go to US customes website & check
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Old 05-06-2003, 02:32 PM
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Location: PortRoyal Bermuda
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For eons our IMPORT tax on boats was 33% of the invoice value.. NOT including shipping etc..Then it went up to 55% for about 10 years.Now back down to 33%

I doubt strongly that you've found your next boat here..... the seller would never be able to recoup that loss and you sure would'nt want to pick it up

ps .. Don't forget the $5.85 a gal gas too
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