GL: Avoiding state income tax

[Henry Quigley]

Do I read this right; you plan to register in Delaware to avoid the sales tax
but you are moving to Ft Lauderdale in three months?
Do you plan to stay in
Florida longer than 90 days or are you going to leave the boat somewhere out
of Florida?
If not, the Florida authorities are going to get you to pay their
use tax which is the difference between their 6% and what ever you paid to a
previous state which in Delaware being zero will be the full 6%.
Only
exception is if you list the boat for sale with a Florida yacht broker and do
not liveaboard.
I was in Florida less than 30 days when I got pulled over and
they were with me for 25 minutes before they were satisfied that I didn't owe
their tax.
Henry
Mary M
North Pacific 43
Kalispell MT (also 0% sales tax and
cheaper to incorporate)
Lying Back Creek, Annapolis MD



----- Original
Message ----
From: "Rogersboyz at aol.com" <Rogersboyz at aol.com>
To:
great-loop at lists.samurai.com
Sent: Saturday, May 31, 2008 1:08:56 AM
Subject:
GL: Avoiding state income tax

How do the loopers avoid state income tax?  I
am from a hungry state,  and I 
would like to avoid the bite.  I currently
plan to register the boat  in 
Delaware to avoid sales tax, now the next step
is to avoid the income tax  also.

What do folks do?

Thanks,
Jeff & Izzy
<moving to Ft Lauderdale in 90 days>










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