I friend of mine kept a Hylas for a time on the East Coast. He was a Colorado resident but took delivery of the vessel in Florida and the vessel’s hailing port was Port Townsend, WA where his company was located. Within 90 days after delivery he needed to move the boat from Ft Lauderdale or risk owing Fl sales tax on the boat. It also needed to head north for seasonal hurricane insurance reasons. About every 3-4 months, he would jockey the boat from one location to another to keep from establishing a tax liability or registration fees in various states. I suspect the tax bill on such a yacht would be substantial but far less of a hassle compared to having the boat seized for non-payment of taxes. Maybe having the vessel flagged in a state with no sales tax allowed him to dodge that bullet. Chuck Gilchrest S/V Half Magic 1983 35 LF Padanaram,MA
Sent from my iPhone > On Jan 26, 2018, at 12:50 PM, Dreuge via CnC-List <cnc-list@cnc-list.com> > wrote: > > We have a Colorado registered Columbia 50 in our marina. While the sailboat > should have been registered in Florida by now, I was told by the owner that > he did not pay sales tax to register the vessel in Colorado (his home state) > but he would have to pay about $5k in taxes to register it in FL. > > With a tax incentive like that I would guess that there are many many > documented vessels with Colorado registrations, but likely not more than a > hand full in the state. > > > - > Paul E. > 1981 C&C 38 Landfall > S/V Johanna Rose > Fort Walton Beach, FL > > http://svjohannarose.blogspot.com/ > >>> On Jan 26, 2018, at 11:44 AM, cnc-list-requ...@cnc-list.com wrote: >>> >>> On Jan 26, 2018, at 8:00 AM, coltrek via CnC-List <cnc-list@cnc-list.com> >>> wrote: >>> >>> I'll bet you can count the number of documented vessels in Colorado on one >>> hand ! >>> >>> >>> Bill >> > > _______________________________________________ > > Thanks everyone for supporting this list with your contributions. Each and > every one is greatly appreciated. If you want to support the list - use > PayPal to send contribution -- https://www.paypal.me/stumurray >
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