It is possible to put a monetary amount on what it cost in watercraft taxes
to own a sailboat.
The scenario would be: I buy a 33 feet sailboat at $100,00.00. Then I
have to pay the sales tax at ? After that I have to pay a tax every year
assessed on the value of the boat. Is the value of the boat the cost of a
new replacement of it fair market value?
The same thing would apply if I leave my sailboat in the US for more than 6
months do I have to pay watercraft tax.
Not to mention that we have to pay a cruising tax when entering the US.

"Larry" wrote in message
...
"Thomas Wentworth" wrote in news:jF%Bg.846$QK.271
@trndny06:

Money for education in S Carolina? Isn't that an oxymoron?



The money spent isn't for "education" in SC...it's for "Educrats"....a
whole other matter.

School Educrats make money like doctors and lawyers in SC....

It's "for the children", you know....(c;

The state's colleges and universities generate about 400% more educrats
and
800% more lawyers than we need to replace the attrition every year. So,
school systems, already loaded up with previous generations of breeding
educrats that produced them, generate new positions to fill the needs of
their offspring.

They breed like rabbits, here!

The yearly tax varies a lot state to state. In Massachusetts, there's
a fixed valuation. For a 7 year old, 35-40 foot boat that would
$12000, and the tax is 1%, or $120. If the boat is registered in the
state, the info is passed automatically to your home town, and they
will collect or insist you pay the town where its kept. Otherwise,
documented or foreign boats will be noticed if the local harbormaster
is doing his job. For instance, in my town, a mooring permit is
required, and for that you must show proof a payment of the excise tax.

All in all, a $120 tax isn't the worst expense on a $100,000 boat.

wrote:
It is possible to put a monetary amount on what it cost in watercraft taxes
to own a sailboat.
The scenario would be: I buy a 33 feet sailboat at $100,00.00. Then I
have to pay the sales tax at ? After that I have to pay a tax every year
assessed on the value of the boat. Is the value of the boat the cost of a
new replacement of it fair market value?
The same thing would apply if I leave my sailboat in the US for more than 6
months do I have to pay watercraft tax.
Not to mention that we have to pay a cruising tax when entering the US.

wrote in
:

It is possible to put a monetary amount on what it cost in watercraft
taxes to own a sailboat.
The scenario would be: I buy a 33 feet sailboat at $100,00.00. Then
I have to pay the sales tax at ? After that I have to pay a tax
every year assessed on the value of the boat. Is the value of the
boat the cost of a new replacement of it fair market value?
The same thing would apply if I leave my sailboat in the US for more
than 6 months do I have to pay watercraft tax.
Not to mention that we have to pay a cruising tax when entering the
US.


http://tinyurl.com/lmb67
http://www.dnr.sc.gov/boating/registration.html
http://tinyurl.com/ltktw
http://www.thehulltruth.com/forums/t...103175&posts=4
http://www.bankrate.com/brm/itax/edi...ate_tax_SC.asp
http://www.strom.clemson.edu/publica.../tax-guide.pdf
http://www.legis.state.ga.us/legis/2...h/MOTORBOA.pdf
http://www.scstatehouse.net/CODE/t12c036.htm
(no, noone in SC can read that last webpage, either, probably including
the bureaucrats and politicians who wrote it.)

If you park your boat here, you must pay boat taxes to the county here
each year. Tax bureaucrats sweep the marinas looking for cheaters. I
think they must be on commission...(c;

http://www.propertiesofcharleston.com/CB_Taxes.php
http://tinyurl.com/oktqw

Taxes here are just awful trying to support way too many expensive school
educrats. It has always been a shameful situation.