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.

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



Some folks do their best to escape their democratic elected tax laws.

In Oregon both WA and CA residents do their covert best to register
their boats/cars in Oregon. I have a 39' boat and up to a couple years
ago my state boat registration was $35. I think it is up to over $150
for two years now. Cant remember I just close my eyes and write the
check.

Contrary to ordinary, I know that the owner of a popular west coast
sailing magazine who lives in CA and operates his business there for
some strange reason had his boat registered in Oregon?!? Go figure?

I suggest searching the state boat registration sites and become a
resident of that state most beneficial to your needs. Heck, Bush the
First did that. Lived in DC and the NE while claiming to be a TX
resident. I guess if you have enough houses you can be a resident most
any place.

Bob

You may want to check out this site.

http://mydakotaaddress.com/

Paul

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

Paul wrote:
You may want to check out this site.

http://mydakotaaddress.com/

Paul

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

How about owning your boat in a Delaware Corporation?

Mike

On 14 Aug 2006 15:27:43 -0700, "Mike" wrote:

How about owning your boat in a Delaware Corporation?

For the last 20 or 30 years that has been like naming your boat "Tax
Dodger". It will get attention.