BoatU.S. offers boat tax guide

Posted on 27 August 2010

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BoatU.S. recently developed a new online State Boating Tax and Registration Guide to help prospective buyers understand the taxes involved in purchasing a boat.

The guide allows boaters to search state by state and includes sales taxes, "use" taxes, any credits given on sales taxes for boats purchased in a different state, registration "grace" periods, title information and links to state boating registration and tax departments.

"Boats can be purchased at out-of-state boat shows," BoatU.S. government affairs program coordinator David Kennedy said in a statement. "And in some states, boaters need to be aware that they may have a limited amount of time to register their vessel or face additional taxes. We can help ensure that there won't be any surprises."

Comments

2 Friday, 27 August 2010 17:54

The tax guide is a good starting point, but do more thorough research on your own situation. Just for example, many states have exemptions from sales and use tax for boats purchased and used in another state for a certain period of time. I believe Florida is 6 months and Massachusetts one year. Plus, there are often local and county property taxes to consider in many states.

1 Friday, 27 August 2010 15:18

How is the guide accessed, the link doesn't seem work?

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