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Terry Spragg
 
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Coff wrote:
I notice that some larger boats (80'+) advertised in some publications
list the craft as "Not for sale to U.S. citizens in U.S. waters".

What does this mean & why?

Regards,

Coff


It may mean the duty from a previous liable sale has not been paid,
and that a sale to a yank would trigger a tax investigation and
require the seller to pay back owed taxes and penalties for tax evasion.

Any time the boat is sold back to an american, the same consequence
would happen, even several sales later, if they noticed it, which
they well might, thanks to smart database querey writers.

Or, it was traded therough Cuba or some other "Public Enemy."

That is my first guess, anyway.

Terry K

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