Boat Name and Hailing port text pics
#33
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Originally posted by Von Bongo
[B]Wrong LOTO there is personal property tax on documented vessels in missouri at least you do if it is located in Camden County.
Personal Property Assessment:
Every person owning or who holds tangible personal property on the first day of January, including all such property purchased that day, shall be liable for taxes thereon during the same calendar year (Chap. 137.075 RSMo)
All personal property shall be assessed in the county where the owner resides (houseboats, cabin cruisers, boats/vessels 26 ft. or longer, USCG documented vessels[/b[, floating boat docks, and manufactured homes shall be assessed where they are located). All articles of personal use contained with the residence or dwelling place are NOT subject to taxation.
[B]Wrong LOTO there is personal property tax on documented vessels in missouri at least you do if it is located in Camden County.
Personal Property Assessment:
Every person owning or who holds tangible personal property on the first day of January, including all such property purchased that day, shall be liable for taxes thereon during the same calendar year (Chap. 137.075 RSMo)
All personal property shall be assessed in the county where the owner resides (houseboats, cabin cruisers, boats/vessels 26 ft. or longer, USCG documented vessels[/b[, floating boat docks, and manufactured homes shall be assessed where they are located). All articles of personal use contained with the residence or dwelling place are NOT subject to taxation.
i didnt pay any P.P. tax on the sunsation , but i only owned it from march till september.
#34
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Laws vary from state to state.....In California... if it's a documented vessel... you pay sales tax... but you don't have to register and pay property tax.... at least not in LA county.
#35
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Here's a photo (I tried to take it while it was still inside the building) of our boat name. Unfortunately, for us in SC we still have to pay property taxes on our boat even if it's documented.