Flagging a boat in a foreign country
jaybird wrote:
Can you avoid sales tax and intangible taxes by purchasing and flagging
a boat say in the Carribean vs the US?
Some folks do their best to escape their democratic elected tax laws.
In Oregon both WA and CA residents do their covert best to register
their boats/cars in Oregon. I have a 39' boat and up to a couple years
ago my state boat registration was $35. I think it is up to over $150
for two years now. Cant remember I just close my eyes and write the
check.
Contrary to ordinary, I know that the owner of a popular west coast
sailing magazine who lives in CA and operates his business there for
some strange reason had his boat registered in Oregon?!? Go figure?
I suggest searching the state boat registration sites and become a
resident of that state most beneficial to your needs. Heck, Bush the
First did that. Lived in DC and the NE while claiming to be a TX
resident. I guess if you have enough houses you can be a resident most
any place.
Bob
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