jaybird wrote:
Can you avoid sales tax and intangible taxes by purchasing and flagging
a boat say in the Carribean vs the US?

It depends on the state. The excise tax in MA is owed regardless of
where the vessel is flagged. However, for a new 60+ foot boat the
bill is only $500, and for a more typical boat its under $200. In MA
you can avoid the sales tax by keeping the boat in Rhode Island for 6
months. However, there are some states that will collect the sales
tax (they call it a use tax) if you can't show that you paid it elsewhere.

On the other hand, foreign flagging must be an open invitation to the
CG to "Board Me!"

On Sun, 13 Aug 2006 17:36:42 -0400, Jeff wrote:

jaybird wrote:

On the other hand, foreign flagging must be an open invitation to the
CG to "Board Me!"

Not in the least.