* Don W wrote, On 4/12/2007 4:43 PM:
Wayne.B wrote:
On Wed, 11 Apr 2007 05:51:05 -0400, "Roger Long"
wrote:
We're giving some serious thought though to bringing the boat down
the the Charleston area for the winter after the hurricane season is
over.
Be sure to check with the Charleston county tax office before you do
that. You may be exempt for one reason or another but I would assume
nothing, and leave nothing to chance. Keep careful records of when
you arrive and when you leave.
http://www.charlestoncounty.org/inde...fo/TaxInfo.htm
http://www.findarticles.com/p/articl...9/ai_114604605
Wow, sure glad I don't live in SC! Taxes on a $150K boat would be
$15,750 per year or somewhere around $1300 per month. That is pretty
high "rent" to pay to the state after paying for the boat too.
Why haven't you SC folks revolted yet? It's time to seriously consider it.
I think there's another factor that gets tossed in, so you end up
paying about 20% of the 10.5% of the "market value."
Still, its a lot. Here in MA the annual excise tax is figured with a
maximum assessment of about $20K for a mid-sized boat, so the annual
bill is a few hundred. Documented boats get billed only if the
harbormaster notices you.