GL: State Sales Tax on Boats

[Chris Barlow]

Ralph--

Come be a Florida resident! No state income tax and if you've owned a boat 
in another state for six months there is no sales tax collected even if you 
never paid sales tax on the boat. We bought our new Mainship 400 in Rhode 
Island which has zero sales tax on boats kept for 6 months in RI. We moved 
to Florida became residents and paid no sales tax.

-- Chris Barlow, Pathfinder, docked in Sarasota, FL
> ----------------------------------------
>
> Message: 10
> Date: Mon, 02 Mar 2009 13:30:45 -0500
> From: "Ralph Yost \(home\)" <Ralph at AlphaCompServices.com>
> Subject: Re: GL: State Sales Tax on Boats
> To: "Jim Healy" <gilwellbear at gmail.com>,
> <great-loop at lists.samurai.com>
> Message-ID: <009d01c99b65$32d76970$1201a8c0 at ralph>
> Content-Type: text/plain; format=flowed; charset=iso-8859-1;
> reply-type=original
>
> It seems that at least once a year this sales tax discussion comes up on
> this list.
> The reason you would not have to pay sales or use tax in one state is ONLY
> if that state has a "reciprocal agreement" with the other state, in which
> they recognize each other's tax. However, if the second state sales tax is
> higher (as in NJ) and you move the boat there, you would be legally
> responsible for the difference. The test of whether or not you are obliged
> to pay sales tax is usually the # of days the boat is in that state. 90 
> days
> is commonly used by many states. However, check each state's laws to be
> certain.
> <CLIP>