[PUP] Canadian Tax on Boats

[Bob McDermott]

On Nov.4 Tim Johnson wrote;

"I'm planning to leave my boat in a marina in Canada for the period October -
April of each year, for a period of 3-4 years.  In each April, I would
cruise north to Alaska, then return to Canada in October.  I spoke with a
fellow at 1-888-CANPASS about this and he was of the view that this conduct
would make the boat a Canadian boat and thus subject to Canadian tax of 14%.
Ouch!  Can any members of this forum shed any light on this subject?"

I just called Canadian Customs in Victoria 250-363-0343 and was
informed that a US citizen that resides in the US can keep a boat
in Canada for 12 months and if the boat is returned to a US
port and checked in for even a portion of a day, the boat can be
returned for another 12 months repeatedly as long as the owner
"visits" the boat occassionly.

Bob McDermott
48' Diesel Duck