GL: South Carilina Tax

[Jim Healy]

Graham Pugh wrote:
>I live in NC in the winter and left my trawler there over January 1st at
least a couple of years. Never triggered the tax man. I suppose it all
depends where you leave the boat

I wouldn't talk about that, Graham.  There are financial incentives out
there for people to turn you in.

In NC, the law is your are responsible for the tax if the boat is in NC on
January 1st.  What's supposed to happen is the dockmaster at the marina
takes a census of those present and turns it in to the county tax agency.
If you're not at a marina, you're supposed to turn yourself in.  (Yeah!
Like that's going to happen!!!)  I can tell you that Craven and Carteret
counties, and the City of New Bern, which has it's own additional flavor of
the tax, are most serious about collecting "their" money.  If they come
after you, say, in 2012, you'll be facing the the accumulated tax liability
as well as accrued penalties.

Hey, an informed consumer can avoid this stuff.  And, cost avoidance is a
genuine form of wealth accumulation.  (But then, I observed on the loop last
year that Canada's free health care system isn't free, so I guess it's just
a matter of picking the taxes you like to pay.)

Be well, live well, eat ice crhme, go cruising!!!

Jim Healy aboard Sanctuary,
currently at Rock Creek, Pasadena, MD