In 1979 I left Belgium with no intentions of ever returning to live or work
there exactly for that reason.
They began to charge a 33% sales tax on DIY activites like painting your
house or building a boat.
In my case, the tax on the estimated value of my boat was going to cost more
than all the materials invested in the project!
I found a loop hole and registered my 40' sailboat as a freighter but that
loophloe was closed very quickly.
Since I don't want to move from the US, I am left with the choice of voting
for less taxes.
--
Jacques
http://www.bateau.com
"Glenn Ashmore" wrote in message
news:bv2ib.74207$sp2.30015@lakeread04...
Last month I bought one of the company's older fleet cars for #2
daughter. Not exactly a "sweetheart deal" but definitely most favored
nation. ;-) Sent the title in for transfer and got a new tag. This
week I get a letter from the GA revenuers wanting to know the sales
price and asking for their pound of sales tax flesh. Casual sales of
cars have never been taxed before so I did some checking. It seems that
because the politicians are hungry for money in this budget crunch the D
of R has finally linked there computer system to Public Safety and are
tracking every title.
What has this to do with boatbuilding? DNR will be linked by next year.
Most of my material was purchased out of state or on eBay so I am
going to get hit bad. I think I will try to register before they get
linked.
This is just Georgia but most states are hunting for revenue now so
check out what your state is doing and plan accordingly if you have a
big project and be sure to have your receipts carefully documented
before you go to register your boat and get a HIN.
--
Glenn Ashmore
I'm building a 45' cutter in strip/composite. Watch my progress (or lack
there of) at: http://www.rutuonline.com
Shameless Commercial Division: http://www.spade-anchor-us.com