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Old Nick
 
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Default A disturbing omen.

On Sun, 12 Oct 2003 00:06:53 -0700, "Steve" wrote
something
.......and in reply I say!:

snip

Scary stuff about the tax on your own labour. We have a GST in Oz, and
AFAIK, that one (taxing a homebuilt as a bought commodity) has not
come in yet.

So any hobby that results in something that has to be registered is a
gonner!

Obviously, since they let you lower the value as it was unfinished,
and you will (presumably) only pay tax on the _materials_ you now
purchase, any boat built should be registred as soon as it's
seaworthy, nor when it's halfway comfortable.

I would think it would be fairer if you paid as you _sold_ the
product. To say you have "bought" your own labour when you build seems
a real beaut to me.

(I argued that the sales tax would be paid on
any subsequent material/equipment.)


What makes this strange is that I paid tax on my labor and I paid tax at a
rate of 9.5% (the current rate) rather than 8.5% that was in effect the
previous years. (Even though I had paid sales tax on the material, they
charge me 9.5% on the overall declared value of the boat and subtacted the
total sales tax paid previously at 8.5%.)

Had I not provided all of those reciepts, I would have paid a much more
using their methods (major equip, etc.).

snip
I won't say what I paid in sales tax, but it would have paid for a new main.


************************************************** ****************************************
Those who can, do. Those who can't, teach.
The rest sit around and make snide comments.

Nick White --- HEAD:Hertz Music
Please remove ns from my header address to reply via email
!!
")
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  #2   Report Post  
Jonathan
 
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Default A disturbing omen.

It can be worse. In MA, when you buy a car in a private or casual sale
situation, the Registry of Motor Vehicles charges you sales tax based on
the bluebook value, not the actual price you paid. You have to pay this
in order to register the car and get your plates assigned or transferred.

If you buy from a dealer, they will accept the invoice as the actual
price and basis of payment.

Jonathan

Glenn Ashmore wrote:
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.


  #3   Report Post  
Larry
 
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Default A disturbing omen.

"Jonathan" pointed out:
In MA, when you buy a car in a private or casual sale
situation, the Registry of Motor Vehicles charges you sales tax based on
the bluebook value, not the actual price you paid.

Washington State just went to a system very similar to that.

Instead taxing a value based on Blue Book, they have their own database (of
local inflated "values") that establishes the taxable amount and thus fills
the tax coffers at a more desirable rate.


(¯`·._.· £ãrrÿ ·._.·´¯)




"Jonathan" wrote in message
...
It can be worse. In MA, when you buy a car in a private or casual sale
situation, the Registry of Motor Vehicles charges you sales tax based on
the bluebook value, not the actual price you paid. You have to pay this
in order to register the car and get your plates assigned or transferred.

If you buy from a dealer, they will accept the invoice as the actual
price and basis of payment.

Jonathan

Glenn Ashmore wrote:
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.




  #4   Report Post  
Brian Combs
 
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Default A disturbing omen.

Washington State has several other ideas to generate money.

1. only licensed moorings can be used-no licenses are being
granted--impound and sell all boats on non licensed moorings

2. shut down not for profit marinas because they make no profit and
therefore a percentage of the profit is not available to take

3. require that all boats from other countries that are cruising in WA
waters register the boat in WA and of course pay the appropriate sales tax
for buying the boat in WA

4. when moving from another state they tax your car on the new price of the
equivalent vehicle, even if you paid sales tax in the other state

rumor has it that you will have to pay a death tax before you will be
permitted to die and that you will have to pay a birth tax before delivery
can proceed

Brian


  #5   Report Post  
Steve
 
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Default A disturbing omen.


I have brought cars and boats in from out of state and I only had to show
evidence that I paid sales tax equal to or more than the WA sales tax. If
not, they will charge the difference (only).


--
My opinion and experience. FWIW

Steve
s/v Good Intentions




  #6   Report Post  
Larry
 
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Default A disturbing omen.

Brian said:
4. when moving from another state they tax your car on the new price of

the
equivalent vehicle, even if you paid sales tax in the other state.

Uhm, Excuse me, Not true.

Per Wash Dept of Lic: " Credit is given for any sales tax paid to another
state or country, if proof of the tax paid is submitted."

as detailed he http://www.dol.wa.gov/vs/tr-new.htm

If you paid sales tax *twice* then U got screwed and must have been "served"
by one of those MANY Washington State employees who has difficulty telling
the difference between their a$s and a hole in the ground.

I'm not up on the current issues related to moored vessels, but I am
familiar with bringing a vehicle in from out of state.

(¯`·._.· £ãrrÿ ·._.·´¯)


"Brian Combs" wrote in message
...
Washington State has several other ideas to generate money.

1. only licensed moorings can be used-no licenses are being
granted--impound and sell all boats on non licensed moorings

2. shut down not for profit marinas because they make no profit and
therefore a percentage of the profit is not available to take

3. require that all boats from other countries that are cruising in WA
waters register the boat in WA and of course pay the appropriate sales tax
for buying the boat in WA

4. when moving from another state they tax your car on the new price of

the
equivalent vehicle, even if you paid sales tax in the other state

rumor has it that you will have to pay a death tax before you will be
permitted to die and that you will have to pay a birth tax before delivery
can proceed

Brian




  #7   Report Post  
Steve
 
Posts: n/a
Default A disturbing omen.

Part of the source of mis-information may come from the many many
independently operated licensing offices that provide their services for a
small fee. (probably owned by a near relative of an enterprising state DOL
employee).


--
My opinion and experience. FWIW

Steve
s/v Good Intentions


  #8   Report Post  
Old Nick
 
Posts: n/a
Default A disturbing omen.

On Sat, 11 Oct 2003 21:48:02 -0400, Glenn Ashmore
wrote something
.......and in reply I say!:

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. ;-)


This was a Hyundai then? G

Please see that I have also posted empathetic material at other points
in the thread.
************************************************** ****************************************
I walk out into the silent, lonely, country night.
Man's work is nowhere evident. The canvas above
is devoid of the ever-spreading fluorescent glow
of ground-based light sources on dust and smoke.
It is streaked with wandering cloud, lit to silver
faerie floss by the moon. The stars are alive with
cold, sparkling clarity. The beauty is indescribable.
My **** flows frothily and noisily into the gravel at
my feet. Sometimes you have to do what you have to do.

Nick White --- HEAD:Hertz Music
Please remove ns from my header address to reply via email
!!
")
_/ )
( )
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  #9   Report Post  
Glenn Ashmore
 
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Default A disturbing omen.



Old Nick wrote:

On Sat, 11 Oct 2003 21:48:02 -0400, Glenn Ashmore
wrote something
......and in reply I say!:


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. ;-)



This was a Hyundai then? G


No. This was to REPLACE a Hyundai. I sure hope all those ships that
Hyundai Heavy Indutries turns out are made of something more substantial
than the stamped tin they build their cars out of.

--
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

  #10   Report Post  
Old Nick
 
Posts: n/a
Default A disturbing omen.

On Sun, 12 Oct 2003 20:19:10 -0400, Glenn Ashmore
wrote something
.......and in reply I say!:

Ah! I still do have a memory then! I recalled your rant about the
little encounter with the brick...G

This was a Hyundai then? G


No. This was to REPLACE a Hyundai. I sure hope all those ships that
Hyundai Heavy Indutries turns out are made of something more substantial
than the stamped tin they build their cars out of.


************************************************** ****************************************
Whenever you have to prove to yourself that you are
not something, you probably are.

Nick White --- HEAD:Hertz Music
Please remove ns from my header address to reply via email
!!
")
_/ )
( )
_//- \__/


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