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#21
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Canadian buying an American Boat
On Fri, 13 Feb 2004 03:44:16 GMT, Rosalie B.
wrote: x-no-archive:yes Ante Topic Mimara ] wrote: Rosalie B. wrote: Ed McDermott wrote: I'm a Canadian planning to buy an American boat, but I'm NOT planning to bring it back into Canada. Where can I register it? Why register it? Why not just document it in Canada? Do you have to take it to Canada to do that? If you are going to take it down to the Caribbean or something, wouldn't documentation be better than registration anyway? What means this "Documentation" as opposed to "Registration" ? Can somebody please explain what these things are? There are essentially two ways vessel ownership in the U.S. is done, and I think it is similar in Canada: Through State Registration including a title. State laws obviously vary from state to state, but usually the state issues a number to a boat which is displayed on the bow. There is a small source of confusion here... In Canada, "registration" is the more formal process, required of larger vessels (over 20 register tons for pleasure boats, I think), and is similar to the US "documentation". The Canadian process that is vaguely similar to US state registration is called "licensing" (but it is still a federal matter). In Canada, we don't have any provincial paperwork or taxes regarding boats (except sales tax on the initial purchase). -- Peter Bennett, VE7CEI peterbb (at) interchange.ubc.ca new newsgroup users info : http://vancouver-webpages.com/nnq GPS and NMEA info: http://vancouver-webpages.com/peter Vancouver Power Squadron: http://vancouver.powersquadron.ca |
#22
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Canadian buying an American Boat
On 13 Feb 2004 00:25:34 -0000, Ante Topic Mimara
] wrote: Rosalie B. wrote: Ed McDermott wrote: I'm a Canadian planning to buy an American boat, but I'm NOT planning to bring it back into Canada. Where can I register it? Why register it? Why not just document it in Canada? Do you have to take it to Canada to do that? If you are going to take it down to the Caribbean or something, wouldn't documentation be better than registration anyway? What means this "Documentation" as opposed to "Registration" ? Can somebody please explain what these things are? The other replies covered most of it. US Documented vessels have some restrictions on them. They cannot be owned by or chartered to noncitizens. Ergo, a Canadian could not document a vessel in the US, and Canada may require the import taxes to document it there, even if it won't ever go there. I don't know how they would treat that. If that is a problem, state registration somewhere in the US is probably the easiest solution. - Topic-Mimara Unique in the World! --- -=- This message was posted via two or more anonymous remailing services. Rodney Myrvaagnes J36 Gjo/a "That idiot Leibniz, who wants to teach me about the infinitesimally small! Has he therefore forgotten that I am the wife of Frederick I? How can he imagine that I am unacquainted with my own husband?" |
#23
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Canadian buying an American Boat
On 13 Feb 2004 00:25:34 -0000, Ante Topic Mimara
] wrote: Rosalie B. wrote: Ed McDermott wrote: I'm a Canadian planning to buy an American boat, but I'm NOT planning to bring it back into Canada. Where can I register it? Why register it? Why not just document it in Canada? Do you have to take it to Canada to do that? If you are going to take it down to the Caribbean or something, wouldn't documentation be better than registration anyway? What means this "Documentation" as opposed to "Registration" ? Can somebody please explain what these things are? The other replies covered most of it. US Documented vessels have some restrictions on them. They cannot be owned by or chartered to noncitizens. Ergo, a Canadian could not document a vessel in the US, and Canada may require the import taxes to document it there, even if it won't ever go there. I don't know how they would treat that. If that is a problem, state registration somewhere in the US is probably the easiest solution. - Topic-Mimara Unique in the World! --- -=- This message was posted via two or more anonymous remailing services. Rodney Myrvaagnes J36 Gjo/a "That idiot Leibniz, who wants to teach me about the infinitesimally small! Has he therefore forgotten that I am the wife of Frederick I? How can he imagine that I am unacquainted with my own husband?" |
#24
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Canadian buying an American Boat
Peter Bennett wrote:
In Canada, "registration" is the more formal process, required of larger vessels (over 20 register tons for pleasure boats, I think), and is similar to the US "documentation". FYI, it is 15 register tons now. Jean Montreal, Qc |
#25
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Canadian buying an American Boat
Peter Bennett wrote:
In Canada, "registration" is the more formal process, required of larger vessels (over 20 register tons for pleasure boats, I think), and is similar to the US "documentation". FYI, it is 15 register tons now. Jean Montreal, Qc |
#26
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Canadian buying an American Boat
On Wed, 11 Feb 2004 19:32:09 -0500, Ed McDermott
wrote: I'm a Canadian planning to buy an American boat, but I'm NOT planning to bring it back into Canada. Where can I register it? Ed The simple answer is that you can register (what our American friends call "document") the vessel in Canada. Go to http://www.tc.gc.ca/MarineSafety/TP/Tp13414/menu.htm for the instructions. The vessel does not have to be in Canada or ever come to Canada to be registered. If it's under 40 ft. (12 metres) you don't even need a tonnage survey. You cannot license (u.s. equivalent state registration, in Canada federal jurisdiction only) the vessel unless the vessel is in Canada with all the various taxes and duty paid. Rick |
#27
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Canadian buying an American Boat
On Wed, 11 Feb 2004 19:32:09 -0500, Ed McDermott
wrote: I'm a Canadian planning to buy an American boat, but I'm NOT planning to bring it back into Canada. Where can I register it? Ed The simple answer is that you can register (what our American friends call "document") the vessel in Canada. Go to http://www.tc.gc.ca/MarineSafety/TP/Tp13414/menu.htm for the instructions. The vessel does not have to be in Canada or ever come to Canada to be registered. If it's under 40 ft. (12 metres) you don't even need a tonnage survey. You cannot license (u.s. equivalent state registration, in Canada federal jurisdiction only) the vessel unless the vessel is in Canada with all the various taxes and duty paid. Rick |
#28
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Canadian buying an American Boat
x-no-archive:yes
Peter Bennett wrote: On Fri, 13 Feb 2004 03:44:16 GMT, Rosalie B. wrote: snip What means this "Documentation" as opposed to "Registration" ? Can somebody please explain what these things are? There are essentially two ways vessel ownership in the U.S. is done, and I think it is similar in Canada: Through State Registration including a title. State laws obviously vary from state to state, but usually the state issues a number to a boat which is displayed on the bow. There is a small source of confusion here... In Canada, "registration" is the more formal process, required of larger vessels (over 20 register tons for pleasure boats, I think), and is similar to the US "documentation". The Canadian process that is vaguely similar to US state registration is called "licensing" (but it is still a federal matter). In Canada, we don't have any provincial paperwork or taxes regarding boats (except sales tax on the initial purchase). That's good to know. I didn't realize that. Incidentally, I'm hiding this at the bottom of this thread, but in the 8 hours last night I got 75 spam emails and that was a light night. so for the first time in a long time, I've munged my reply to address, so if you want to email me directly, you'll have to get my actual address from a post sometime in 2003 or prior, and then wait for me to OK the address. You don't need to put in a request for me to do it - I go to the ISP web site at least 3 times a day to check for real emails. But DO put some subject in the subject line that will give me a clue that you are a real person. grandma Rosalie |
#29
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Canadian buying an American Boat
x-no-archive:yes
Peter Bennett wrote: On Fri, 13 Feb 2004 03:44:16 GMT, Rosalie B. wrote: snip What means this "Documentation" as opposed to "Registration" ? Can somebody please explain what these things are? There are essentially two ways vessel ownership in the U.S. is done, and I think it is similar in Canada: Through State Registration including a title. State laws obviously vary from state to state, but usually the state issues a number to a boat which is displayed on the bow. There is a small source of confusion here... In Canada, "registration" is the more formal process, required of larger vessels (over 20 register tons for pleasure boats, I think), and is similar to the US "documentation". The Canadian process that is vaguely similar to US state registration is called "licensing" (but it is still a federal matter). In Canada, we don't have any provincial paperwork or taxes regarding boats (except sales tax on the initial purchase). That's good to know. I didn't realize that. Incidentally, I'm hiding this at the bottom of this thread, but in the 8 hours last night I got 75 spam emails and that was a light night. so for the first time in a long time, I've munged my reply to address, so if you want to email me directly, you'll have to get my actual address from a post sometime in 2003 or prior, and then wait for me to OK the address. You don't need to put in a request for me to do it - I go to the ISP web site at least 3 times a day to check for real emails. But DO put some subject in the subject line that will give me a clue that you are a real person. grandma Rosalie |
#30
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Canadian buying an American Boat
What are the Canadian tax implications for a Canadian purchasing:
(a) a Canadian registered vessel (b) a non-Canadian registered vessel Assume that the vessel will reside in Canadian waters and the vessel owner is a Canadian resident (for tax purposes). I'd appreciate the benefit of the experience of others who have had to face the RevCan (CCRA) challenges. Is there a web address that might summarize the various scenarios? Thanks in advance, WRC |
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