Like Tree0Likes

sales tax

Reply
Old 02-19-2005, 09:24 AM
  #11
Registered
VIP Member
 
Join Date: Jan 2004
Location: Boca Raton, FL
My Boats: None
Posts: 3,682
Cool Re: sales tax

The only way I've ever heard of to get out of paying the sales tax is to become a dealer and use your dealer tags to display numbers. You will pay sales tax in the state of Florida if you title OR document the boat.
Edward R. Cozzi is offline  
Reply With Quote
Old 02-19-2005, 09:29 AM
  #12
Lip-Ship- Grafikworx Glad
Platinum Member
 
pm203's Avatar
 
Join Date: May 2003
Location: MA and NH
Posts: 3,615
Default Re: sales tax

Documentation does not get you out of the taxes.Dont forget,they call it a sales and use tax.
pm203 is offline  
Reply With Quote
Old 02-19-2005, 09:46 AM
  #13
Registered
 
dukenrock's Avatar
 
Join Date: Mar 2004
Posts: 2,255
Default Re: sales tax

That's correct. It doesn't get you out of paying it. It just takes them a little time to get it.
dukenrock is offline  
Reply With Quote
Old 02-19-2005, 10:10 AM
  #14
Registered
Thread Starter
 
Join Date: Oct 2004
Posts: 52
Default Re: sales tax

I know in delaware you do not have to pay sales taxes or personal property, but I was just wondering since it is federal documented and not state why should you have to pay state sales tax, because technically it will be in federal waters you do not have to pay personal property taxes at least in Va. But if I have to pay state sales taxes I will register in delaware.

Last edited by lotti; 02-19-2005 at 10:15 AM.
lotti is offline  
Reply With Quote
Old 02-19-2005, 10:22 AM
  #15
Registered
 
dukenrock's Avatar
 
Join Date: Mar 2004
Posts: 2,255
Default Re: sales tax

I think when you document your boat they would look at what your obligations were from your state level. If you didn't owe any taxes in VA, when you document it they wouldn't charge any. I'm just making an assumption.
dukenrock is offline  
Reply With Quote
Old 02-19-2005, 10:37 AM
  #16
S.O.B (single O/B) now
Platinum Member
 
t500hps's Avatar
 
Join Date: Sep 2004
Location: Richmond VA
Posts: 7,921
Default Re: sales tax

Quote:
Originally Posted by lotti
I know in delaware you do not have to pay sales taxes or personal property, but I was just wondering since it is federal documented and not state why should you have to pay state sales tax, because technically it will be in federal waters you do not have to pay personal property taxes at least in Va. But if I have to pay state sales taxes I will register in delaware.
Mike,

I'm not sure we've met, but we know some of the same people. (I just left linny's shop and James is there tearing down one of the 500's.) Anyway, I have had my last couple boats registered in Delaware. I did not pay sales tax, and I have not paid personal property tax for 5-6 years.
There are a few things to be aware of though. In Va the localities are looking for boats that are kept at the same marina/ location and checking to see where they are registered. We keep our boat at a private dock or a private storage building so no one "sees" it for very long. Also, you need to have an address in DL. I use a dummy corp that actually owns the boat, and I own that corp. The boat then becomes subject to DL. state laws, not VA's. (saved me sales tax and Personal Property taxes!!!!) PM me if you want to go that route/ ask questions/ call me. I can give you the number of the business that set it all up for me.
Russ C.
t500hps is offline  
Reply With Quote
Old 02-19-2005, 10:44 AM
  #17
Registered
 
Join Date: Dec 2002
Location: 1000 Islands
Posts: 4,783
Default Re: sales tax

Quite frankly, in my neck of the woods your gonna get stopped eventually if you don't have a reg. sticker on your hull.

You have to pay (tax) to get one.
Nothing stopping you (and/or your dealer) from being creative though?

Boat values are almost impossible to prove, with alot of variables in the equation of what any boat is actually worth.

You wouldn't want to get stopped for no reg. sticker after a day at your local party cove would you?

BTW this subject has been beat to death in other threads.
Basically it's every man for himself. Get as creative as you think you can and cross your fingers. In most states you will pay for that sticker, or risk getting hassled, maybe at the wrong time.

Last edited by Rippem; 02-19-2005 at 10:48 AM.
Rippem is offline  
Reply With Quote
Old 02-19-2005, 10:51 AM
  #18
Registered
 
dukenrock's Avatar
 
Join Date: Mar 2004
Posts: 2,255
Default Re: sales tax

That's one of the fears I have of documenting a boat. If a local authority doesn't see the registration numbers on the side, he may assume it's not properly registered and check you out, even though it's legally documented. I would be nervous even after one beer if that happened. Never know who your dealing with and how much they'll enforce the law.
Usually keeps me honest and minimizes the cocktailing till the boats done for the day!
dukenrock is offline  
Reply With Quote
Old 02-19-2005, 10:52 AM
  #19
Banned
 
Join Date: Apr 2002
Posts: 126
Default Re: sales tax

Here's what I've experienced, If you buy a used boat from an individual you do not have to pay sales tax. If you buy from a dealer or broker they want sales tax. Getting a boat 25' or larger doumenented thru the Coast Guard, you do not have to pay sales tax. Some states may be different. Louisana wanted $8000. from me on my purchased of a used boat. The fee from the CC was $150. or so. Now tell me which is the better choice? Documentation takes a couple of months without any paperwork problems, my boat was repossesed and it took 1 year to get eveything worked out.
red thunder is offline  
Reply With Quote
Old 02-19-2005, 10:54 AM
  #20
Registered
 
CustomRigger101's Avatar
 
Join Date: Oct 2002
Location: Lighthouse Point Fl
Posts: 791
Default Re: sales tax

some states you don't ahve to pay tax on a used boat but have to pay taxes on the trailer.. why i not know...
CustomRigger101 is offline  
Reply With Quote
Reply

Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
bblythe
General Q & A
0
01-05-2007 12:15 AM
26sonic
General Boating Discussion
3
04-02-2005 12:06 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 07:27 AM.


Copyright 2011 OffShoreOnly. All rights reserved.