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"ray lunder" wrote
Something tells me rich people don't pay this. Not until they get caught, anyway: http://seattlepi.nwsource.com/local/...revenue12.html Ken Williams, former CEO of the software company Sierra On-Line, said he has no idea how the Department of Revenue caught him when he moored his unregistered 62-foot yacht at his waterfront home in Mercer Island for a year in 1998. "They nabbed me," he said, adding that he was willing to pay the $130,000 in past-due sales taxes immediately. He was philosophical about it, saying, "There's got to be schools and a lot of things. Government can't run without something." After paying, he took his yacht the Sans Souci -- which is French for "carefree" -- to Europe for a visit and later sold it. Now living in West Seattle, Williams intends to buy another boat and this time he said he will pay the tax right away. Use taxes also apply to out-of-state boat owners who stay in Washington too long, over a six-month limit for a visitor's permit. Silicon Valley financial executive James Heffernan got caught with a 58-foot yacht he has since sold, lingering too long in Roche Harbor in 1999, he said. His boat the Andiamo -- which is Italian for "get going" -- didn't get going soon enough to avoid the tax, he said. He was less than a month over the six-month visitors' limit and had to pay a tax of a little less than $100,000. He figures agents were walking the docks. "They caught me. I was wrong and frankly, you don't have too much defense for ignorance," he said. Fortunately for the state, Williams and Heffernan paid promptly. Several cases on file with the state board of tax appeals show that collections can take years. The most notorious case in recent years was the saga of tax cheater Michael Albert Price. Price, now 59, bought a 53-foot yacht in February 1990 and claimed it was a charter boat, avoiding state sales tax. But revenue agents discovered he was far too frequently using the boat himself, not strictly chartering it. Price, the owner of a large Tacoma equipment leasing company, was assessed a tax of $24,600, with interest, in March 1992. He took seven years to pay, filing lengthy appeals before the Department of Revenue's Interpretation and Appeals Division and then the state Board of Tax appeals, according to court documents. A month after he paid, revenue agents discovered he'd already bought a 73-foot yacht that he called Price's Waterhouse. Once again, he cheated on his taxes. Court documents show that he filed false papers to support his assertion that he'd bought the vessel for $690,000 when in fact the price was $3.2 million. This time he faced criminal charges. It took another two years before the executive pleaded guilty in King County Superior Court to tax evasion, agreeing to pay $442,661 in restitution, including taxes, penalties and interest. He couldn't be reached for comment. |
#2
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On Sat, 15 Dec 2007 12:23:44 -0500, Gogarty wrote:
There is a Canadian boat in our marina in New York that has never registered locally. Never goes to Canada either. Been there for years. What's amusing is the marina is city owned and operated. I bet the taxes are higher in Canada, and the enforcement stricter, which is why the boat has been sitting in NY. Matt O. |
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