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MRAA: Support boat tax deduction - Trade Only Today

MRAA: Support boat tax deduction

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A law allowing a federal deduction for state and local sales tax paid on recreational boats is up for reauthorization next year, the Marine Retailers Association of America reminds its members.

“MRAA has informed boat dealers about this very important tax savings several times over the past few years, because we believe it is an important factor in the selling process. It is even more important today to sell this income savings in these very hard times,” said MRAA chairman Ed Lofgren.

For information, contact Larry Innis, MRAA’s Washington representative at (301) 858-7149.

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