Like Tree0Likes

Sales Tax question

Reply
Old 10-21-2004, 07:52 PM
  #11
clean sweep
Platinum Member
 
Join Date: Jan 2004
Location: arcola, illinois
My Boats: 1996 Fountain 35'
Posts: 47
Default Re: Sales Tax question

I live in Illinois and have purchased boats in Wisconsin. Don't have to pay any sales tax in Wisconsin, but have to pay Illinois sales tax when you go to get boat registered in Illinois at Dept. of Conservation. Conservaation will ask for proof of sales tax paid before you can get sticker for boat. I had to go to Secy of State office to pay sales tax on boat and trailer before I could get plates for trailer and sticker for boat. Sorry...
clean sweep is offline  
Reply With Quote
Old 10-21-2004, 08:16 PM
  #12
Registered
 
Join Date: May 2001
Location: Minneapolis, Minnesota
My Boats: You can't boat on an ICE FLOW
Posts: 1,129
Default Re: Sales Tax question

Clean Sweep has it right for Illinois. In some states if the boat is Documented, state registration is not required. In Illinois if the boat is Federally Documented you do not have to display the registration numbers but you do have to show the registration sticker.
h2owarrior is offline  
Reply With Quote
Old 10-21-2004, 08:18 PM
  #13
Registered
 
BEAST1's Avatar
 
Join Date: Jan 2003
Location: BOLINGBROOK, IL
Posts: 140
Default Re: Sales Tax question

YOu have to pay tax
BEAST1 is offline  
Reply With Quote
Old 10-21-2004, 09:46 PM
  #14
Platinum Member
Platinum Member
 
mcollinstn's Avatar
 
Join Date: Sep 2001
Location: tn
My Boats: 1991 F311SR1
Posts: 5,491
Default Re: Sales Tax question

Tennessee requires proof of paying TN sales tax at the time of registration. You don't pay it in the state in which it was purchased.

There are some states that do not require sales tax to be paid in order to register a boat (Delaware comes to mind). I see big ticket boats with Delaware registrations all the time. Supposedly it is easy to create a LLC in Delaware and let the LLC own the boat and register it there. I know several who have done this.

All of my Tennessee boats are registered in Tennessee and sales tax was paid on them. It's usually better to play by the rules.
mcollinstn is offline  
Reply With Quote
Old 10-22-2004, 08:52 PM
  #15
Registered
 
Join Date: May 2001
Location: Minneapolis, Minnesota
My Boats: You can't boat on an ICE FLOW
Posts: 1,129
Default Re: Sales Tax question

In the right State, playing by the rules means paying no sales tax. You just need to make sure you understand the rules. Tax evasion is not a nice thing to deal with.
h2owarrior is offline  
Reply With Quote
Reply

Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
mikesufka
General Boating Discussion
25
10-27-2006 01:59 PM
Tantrum
General Boating Discussion
10
04-28-2006 04:08 PM
lotti
General Boating Discussion
31
02-19-2005 04:35 PM
Donzi Corleone
General Boating Discussion
1
09-14-2002 07:39 PM
PIERFECT
Baja
18
07-22-2002 09:14 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



All times are GMT -5. The time now is 11:39 AM.


Copyright 2011 OffShoreOnly. All rights reserved.