N.c boaters , hut tax ??
#1
Registered
Thread Starter
Join Date: Feb 2010
Posts: 974
Likes: 0
Received 0 Likes
on
0 Posts
N.c boaters , hut tax ??
N.C boaters can you please explain how the HUT tax works .
Is there a cap ?
3% for how long ?
3% on any age boat or car ?
3 % on purchase price or NADA value ?
Thanks
Is there a cap ?
3% for how long ?
3% on any age boat or car ?
3 % on purchase price or NADA value ?
Thanks
#6
21 and 42 footers
Platinum Member
I believe it's like VA and it's personal property tax. You pay a percentage on the value of your vehicles EVERY YEAR. Boats, cars, RV's (I think RV's have a ceiling in NC). In VA the percentage is determined by the locality you live in, each county can be different.
#8
Registered
Thread Starter
Join Date: Feb 2010
Posts: 974
Likes: 0
Received 0 Likes
on
0 Posts
Is it based on avg retail NADA ? Here is what listed on my 1988 32 Skater Base Price: $62,700 $8,700 $9,800
Options: (add options)
Outbd. Power Tilt/Trim (101-300 HP) $200 $230
See all options chosen
TOTAL PRICE $62,700 $8,900 $10,030
62 k was list price
Options: (add options)
Outbd. Power Tilt/Trim (101-300 HP) $200 $230
See all options chosen
TOTAL PRICE $62,700 $8,900 $10,030
62 k was list price
#9
21 and 42 footers
Platinum Member
FYI: where I live in VA my 2007 Dually costs roughly $1,000.00 in PP tax last year. In the city of Portsmouth they have a much lower rate for boats and I pay $20 (the minimum) for a 2010 21ft center console of roughly the same value.
Last edited by t500hps; 03-28-2012 at 06:51 AM.