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State registered boat in Canada
* Don White wrote, On 4/12/2007 7:17 PM:
"Jeff" wrote in message .... I think there's another factor that gets tossed in, so you end up paying about 20% of the 10.5% of the "market value." Still, its a lot. Here in MA the annual excise tax is figured with a maximum assessment of about $20K for a mid-sized boat, so the annual bill is a few hundred. Documented boats get billed only if the harbormaster notices you. Land of the Free ....eh? Nothing free about boating down there. The only registration I pay on my 19 foot mini-cruising sailboat is $35.00 yearly to license the trailer. So what's your sales tax? About 14%? This could explain why my builder in Toronto sells almost no boats in Canada. |
State registered boat in Canada
"Roger Long" wrote in
: Are they trying to collect taxes from non-residents? ONLY if the boat stays at the SAME marina for over 2 months at a time...3 months in a tax year. Transient boats are NOT taxed like yours would be. It's just like a car, but much longer. I think it's stupid, but they just LOVE recurrent money in the state house in Columbia and the counties..... 10.5% or even 6% would sure bump SC right off my list of options for the future. We have it good here in Maine paying only exise tax on boats. It's based primarily on horsepower so sailboats cost relatively little. You do have it good in poor Maine, but, then again, you also have a very SHORT boating season. In Charleston, boating is a year-round thing. We go sailboat racing on NEW YEARS DAY...just to start the season on time. Let's set the record straight and stop guessing..... As to titling and registering, which brings around the tax bureaucrats for their cut, this applies to most of you: SC Code of Laws - SECTION 50-23-30. Exemptions. This chapter does not apply to a watercraft which has a valid marine document issued by the Bureau of Customs of the United States Government or a federal agency successor, windsurfers, and watercraft propelled exclusively by human power with oars, paddles, or similar devices. SC Dept of Natural Resources provides the property tax bureaucrats with their database to send out the PP tax bills from. Documented vessels do no register with DNR. Now, not being TITLED in SC does NOT mean Federally-documented boats are exempt from our personal property taxes. It exempts them from SCDNR licensing...ONLY. SECTION 12-37-714. Boats with situs in State. [SC ST SEC 12-37-714] In addition to any other provisions of law subjecting boats and boat motors to property tax in this State: (1) A boat, including its motor if separately taxed (outboards over 5HP - Larry), used in interstate commerce having a tax situs in this State and at least one other state is subject to property tax in this State. The value of such a boat must be determined based on the fair market value of the boat multiplied by a fraction representing the number of days present in this State. The fraction is determined by dividing the number of days the boat was present in this State by three hundred and sixty-five days. A boat used in interstate commerce must be physically present in this State for thirty days in the aggregate in a property tax year to become subject to ad valorem taxation. HERE IT IS! HERE IT IS! SOUTH CAROLINA IS LIKE ALL THE REST OF THE STATES!! IF YOU BRING YOUR BOAT HERE AND LEAVE IT HERE YOU PAY TAXES HERE....JUST LIKE ANY OTHER STATE! 60 CONTINUOUS DAYS!! 90 DAYS IN A TAX YEAR!! (2) A boat, including its motor if the motor is separately taxed (OUTBOARDS OVER 5HP ARE TITLED AND TAXED - Larry), which is not currently taxed in this State and is not used exclusively in interstate commerce, is subject to property tax in this State if it is present within this State for sixty consecutive days or for ninety days in the aggregate in a property tax year. Upon written request by a tax official, the owner must provide documentation or logs relating to the whereabouts of the boat in question. Failure to produce requested documents creates a rebuttable presumption that the boat in question is taxable within this State. If your state doesn't tax property like boats/cars/planes/trucks/motorcycles/slaves (oops...recinded in 1865), you better stay there and feel damned lucky! The rest of you can live in each marina in SC for 60 days at a time without being reported. Just move to stay longer....to another county. The SC tax bureaucrats monitor marina records, but I doubt they're smart enough to collate separate marina records. But, when a boat with OHIO registration sits at the dock at the government's own City Marina or Maritime Center Marina for 7 months, yes, the SC tax bureaucrats would like a little donation in Yankee (not Confederate) dollars to help pay the bills. Charleston is also a DUMPING ground for unwanted boats, for some reason. Hell, there's boats in lots of marinas that have been tied up to the same lines for YEARS, never seeing their owners. The owners live in the frozen Nawth, dragged 'em down here out of the ice fields and just left 'em! SC tax bureaucrats want to be paid by them, too, no matter where the owner lives. Just like every other state. Larry -- |
State registered boat in Canada
Don W wrote in news:yRwTh.7$Yo2.4
@newssvr19.news.prodigy.net: Why haven't you SC folks revolted yet? It's time to seriously consider it. It's why I don't even consider a new boat/car/mobile home/etc. My '73 Mercedes 220D and '83 300TD wagon cost $13/year plus license tag every 2 years. My old mobile home, an '81 model, is $18 plus $89 for garbage pickup per year. It's stupid to buy a new Lexus and give these jokers thousands just to drive it around....(c; You see LOTS of old cars in SC because of it. Larry -- |
State registered boat in Canada
"Don White" wrote in
: Land of the Free ....eh? Nothing free about boating down there. The only registration I pay on my 19 foot mini-cruising sailboat is $35.00 yearly to license the trailer. Oddly enough any kind of trailer, boat trailer, horse trailer, cargo trailer isn't taxed or even licensed in SC until the TRAILER weighs something like 6500 pounds, exclusive of load! Camping trailers have their own license tags and rules. Someone gave me a 9'6" hard plastic dingy, the kind Waste Marine sells for $500. As long as I didn't have a motor for it, even an electric, it was untaxed and unregistered. But, another friend gave me a nearly new 3hp Yamaha outboard for fixing his outdoor house security lights. NOW I had to REGISTER the tiny boat as if it were a 35' CC offshore fisherman with twin 300hp Merc outboard...$35/3 years....plus pay Charleston County PP tax on it, about $18/year. The outboard is under 5hp so isn't titled or licensed or taxed. Outboards over 5hp have their own license stickers, separate from the boat, PP tax load and registered title. This nearly eliminated outboard motor theft, which used to be an awful problem, here. If you're caught riding around in a untitled/tax/registered '57 Evinrude Sportwin, you go to jail as a felon! They're real serious about it, too! The registration numbers on the tiny dingy are nearly as big as the hull!...(c; My numbers have to be the same size as that 35' CC offshore fisherman! Sailboats, even those without motors, are all SC registered/titled/taxed. Well, someone gave me a free Sunfish, a "sailboat" in SC. It had never been registered/titled/taxed and I thought nothing of it, even though Sunfish boats are amazingly expensive, the parts moreso! I was "cruising" on the Ashley River, tacking like mad against the outgoing tide as the damned wind dropped, when this DNR copboat all dressed up like Marines in OD Green uniforms, complete with flak jackets, orders me to stop. I figure they're going to look for major drugs in the cockpit I can hardly fit my feet and a sixpack cooler into. They might have wanted to see what kind of beer was in my cooler?? So, this SWAT team wannabee starts asking me about the Sunfish! It had no motor, of course, and he wanted to know why it had no registration! Huh?? He tried to tell me it was a sailboat, like Flying Pig is a sailboat. I had no idea what the law was on tiny sailing vessels. I didn't figure I could outrun their triple 250hp outboards so had to play along. One of the other SWAT wannabees let the cat out of the bag that this boat MIGHT be considered a windsurfer, which isn't titled/taxed/registered in SC. My ears perked right up and I finally talked my way out of it using that. It was too close to call so they left, right after I mentioned I'd ask my attorney on Monday morning to get a ruling. They also spotted another boat to harrass barreling down the river at 60 knots full of bikini-clad young girls....a sure decoy. Boating laws and this illegal search and seizure crap American waterways seems to be subjected to at will, keeps me from buying another boat...especially a TAXED-TO-DEATH new boat! Larry -- |
State registered boat in Canada
Jeff wrote in
: So what's your sales tax? About 14%? This could explain why my builder in Toronto sells almost no boats in Canada. I read a news item about petrol prices in the UK on the BBC website. The DIRECT TAXES on petrol in the UK is over 73% of the price! They even charge VAT on the Excise Tax!...taxing the other tax! The article had some stupid MP saying it was necessary to reduce oil dependency and reduce British driving unnecessarily.....(shaking head) Larry -- |
State registered boat in Canada
On 2007-04-12 19:17:40 -0400, "Don White" said:
"Jeff" wrote in message . .. * Don W wrote, On 4/12/2007 4:43 PM: Wayne.B wrote: On Wed, 11 Apr 2007 05:51:05 -0400, "Roger Long" wrote: Wow, sure glad I don't live in SC! Taxes on a $150K boat would be $15,750 per year or somewhere around $1300 per month. That is pretty high "rent" to pay to the state after paying for the boat too. Why haven't you SC folks revolted yet? It's time to seriously consider it. I think there's another factor that gets tossed in, so you end up paying about 20% of the 10.5% of the "market value." Still, its a lot. Here in MA the annual excise tax is figured with a maximum assessment of about $20K for a mid-sized boat, so the annual bill is a few hundred. Documented boats get billed only if the harbormaster notices you. Land of the Free ....eh? Nothing free about boating down there. The only registration I pay on my 19 foot mini-cruising sailboat is $35.00 yearly to license the trailer. Dang, thems places to stay away from. Xan's in MD and though I had to pay %5 or so sales tax, usual and expected for anything sold, we pay about $12 a year for the sticker. -- Jere Lull Tanzer 28 #4 out of Tolchester, MD Xan's new pages: http://web.mac.com/jerelull/iWeb/Xan/ Our BVI pages: http://homepage.mac.com/jerelull/BVI/ |
State registered boat in Canada
Jere Lull wrote in news:2007041516190775249-
jerelull@maccom: pay %5 or so sales tax Sales tax in SC is 6.5% in Charleston County (8.5% at restaurants and hotels to rip off the touristas). It's not bad on something like a $2M yacht because there's a $300 cap on it so really rich people don't have to pay their fair share. Anything over $4615, no matter how much it costs, the tax is $300...a real bargain on a $2M Azimut FBMY. License is $35 for 3 years from DNR bureaucrats. Larry -- |
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