Depends on the state....

There are LOTS of closings in Bimini due to Florida taxes... Only
problem, once you bring it back for more than a few months you owe USE
tax (6%...same as sales tax) The boat has to stay out of the US and
out of FL for most of the year. If you plan to use the boat mostly
out of the states then it may work for you if not, it's more expense
than it is worth.

There are also other tax loopholes for domestic use. For Florida, if
you are a resident and own and use a boat in another US state for 6
months and you paid tax in that state (if applicable) then no state use
tax is due when you bring it to Florida.

Most state's web sites explain it.





Capt. JG wrote:

"jaybird" wrote in message
ups.com...

Can you avoid sales tax and intangible taxes by purchasing and flagging
a boat say in the Carribean vs the US?


Yes. I believe there's a time restriction involved... 90 days if my memory
serves. I don't believe you have to flag it elsewhere.