sail-world.com
 
 
News Home Cruising Photo Gallery Video Gallery
Sail-World.com : American boaters: are you in hot water with the Tax Man?
American boaters: are you in hot water with the Tax Man?

'Are you staying in the same state too long?'    .

Staying too long in one place can ruin a good thing. At least that's the case with American boaters making lengthy journeys, who are finding themselves targets of cash-hungry states when they stay too long and are subject to various taxes.

But how can boaters prevent overstaying their welcome? Boat Owners Association of The United States (BoatUS) has online state tax information at www.BoatUS.com/gov/states that will help keep them on the right side of the law and out of hot water with the taxman.

In most US states, a privately-owned recreational boat must be registered in the state where it is principally used, and any sales and use taxes paid to that state. A problem arises when the boat leaves this principal-use state and enters a new one, for a long visit, extended cruise or lengthy repairs. This could include 'Snowbirds' - boaters who head south each winter in search of warmer climates.

BoatUS says boaters may be subject to various sales, use, excise, or property taxes when they remain in one location for a consecutive number of days, or over-stay their visit for a certain number of aggregate days per year. This 'grace period' is often 60 to 90 days but as little as 30 days in two states (CO, NH). Also, if the principal state's sales and use tax is not comparable to the tax in the state the boat is visiting, the second state can levy their own tax making the boat owner liable for the difference.

To help boaters understand this issue, BoatUS' online map at www.BoatUS.com/gov/states highlights state sales and property tax rates with links to state tax departments, as well as registration information and 'grace periods'.

In the past, BoatUS has heard about tax authorities walking the docks, inspecting marina records and aggressively enforcing tax codes.

'We believe boaters should pay their fair share of taxes, and travel to other states with their eyes open about timelines and potential tax assessments,' said BoatUS President Margaret Podlich. 'Boaters should keep record keeping such as log entries, marina and fuel receipts or repair contracts while traveling. These documents are critical for boaters to keep, and are often the only way to fight an unjust tax bill,' added Podlich.

About BoatUS:

BoatUS is the nation's leading advocate for recreational boaters providing its over half million members with government representation, services such as on-the-water boat towing, roadside assistance and specialized boat insurance programs, boating safety, damage avoidance, clean water and consumer advocacy efforts as well as angler services and money saving benefits. For membership information visit


by Boat US/Sail-World

  

Click on the FB Like link to post this story to your FB wall

http://www.sail-world.com/index.cfm?nid=102064

9:19 AM Sun 16 Sep 2012GMT


Click here for printer friendly version
Click here to send us feedback or comments about this story.


Related News Stories:

08 Sep 2012  Historic new maritime laws passed for Australia
13 Jul 2012  Yacht Club reviews its safety - how does yours measure up?
22 May 2012  Australia's Lake Eyre native title decision - but what of the sailing?
22 May 2012  Lake Eyre native title decision - but will sailing again be allowed?
20 May 2012  Att Sydney sailors: Anchoring threat to Quarantine and Manly Cove West
13 Mar 2012  How to stay sailing longer than 90 days in the Med
10 Mar 2012  Italy saw the light, but Greece drives visiting yachts away
03 Mar 2012  Italy rethinks! - no berthing tax for foreign yachts
21 Feb 2012  Greece and Italy tough on yachts but Bermuda makes it easier
28 Dec 2011  European inspectors focus on yacht safety
MORE STORIES ...






News - USA and the World







ISAF Sailing Worlds, Santander - Strong competition for RS:X fleets by Olga Maslivets, International RS:X Class Assoc.,
































470 Men and Women Worlds - Game on for Olympic Qualification by 470 International Association Class,












A complete recap of the most successful Melges 20 World Championship by International Audi Melges 20 Class Association,




ISAF Santander - Upwards path for Austrian women's 470 crew + video by Luissa Smith, International 470 Class Association,












ISAF Sailing World Championships - Day 4 images from Santander
ISAF Sailing Worlds, Santander: Emerging Nations Program sailors shine
ISAF Sailing Worlds, Santander - Teasing winds play havoc on day 4
ISAF Sailing World Championships: Hot conditions in Santander on day 4
Santander ISAF Sailing World Championships joins Bart’s Bash
PWA Cold Hawaii World Cup - Grounded fishing boat creates problems
Marseille One Design - GC32 Armin Strom Sailing Team emerge victorious
Rolex Big Boat Series 2014 - Ready for another 50 years
2014 Rolex Big Boat Series - Farr 40 Day 4
2014 Rolex Swan Cup - Eleventh-hour victories
Extreme Sailing Series - Kiwis clinch Act win in Istanbul + Video
2014 Rolex Big Boat Series - Two long races today for the J70 fleet
2014 Rolex Big Boat Series - Impressive to sail out of the Golden Gate
Extreme Sailing Series - Istanbul delivers four days of great racing
ISAF Sailing Worlds Santander - Day 3 images by Sail-World.com
Extreme Sailing Series: Emirates Team NZ bounces back for series win
Santander 2014 ISAF Worlds - Light winds and current test six classes
ISAF Sailing World Championships - Solid Day 3 for US Sailing Team
ISAF Sailing World Championships - Day 3 images by Jesus Renedo
Marseille One Design 2014 - GC32 Armin Strom blitzes final day
Volvo Ocean Race 2014-15 - Una Etapa 0 complicada para todos   
Santander 49ers: Olympic Gold Medallist says two into 90 does not go!! *Feature   
GBR aiming for first ever Nacra 17 Games berth at Santander Worlds   
Volvo Ocean Race: Man and sail overboard as Leg 0 serves up drama   
ISAF Sailing World Championships Santander 2014 – Images by Dan Ibsen   
Santander Worlds – already a spectator success   
ISAF Sailing World Championships Santander 2014 - Day 3 morning report   
Volvo Ocean Race 2014-15 - Tales from the extreme   
Volvo Ocean Race: Latest starter wins opening race   
2014 J/70 World Championship - Healy, Abdullah, Becker and Borges win   
2014 Rolex Big Boat Series - Full-blown, once again   
ISAF Worlds - Americans jump up Laser and Laser Radial leaderboard   
2014 Rolex Big Boat Series - Farr 40 Day 3   
ISAF Sailing World Championships - Day 2 images from Sail-World.com   
America's Cup: Luna Rossa sailing with two foiling AC45's + Video   
Extreme Sailing: Emirates Team NZ retain second overall   
ISAF Sailing Worlds, Santander - Rio Olympic Laser spots snapped up   
Rolex Swan Cup - All set for final showdown   
Upper Midwest sailors need help to take it to the next level   
ISAF Sailing World Championships - RS:X action begins in Santander   


For this week's complete news stories select    Last 7 Days
   Search All News
For last month's complete news stories select    Last 30 Days
   Archive News







Sail-World.com  


















Switch Default Region to:

Social Media

Asia

Australia

Canada

Europe

New Zealand

United Kingdom


http://www.sail-world.com/event_images/image/Twitter_logo_small.png http://www.sail-world.com/event_images/image/FaceBook-icon.png  http://www.sail-world.com/event_images/image/RSS-Icon.png

United States

Cruising Northern

Cruising Southern

MarineBusiness World

PowerBoat World

FishingBoating World

 

Contact

Commercial

News

Search

Contact Us

Advertisers Information

Submit news/events

Search Stories/Text

Feedback

Advertisers Directory

Newsletter Archive

Photo Gallery

 

Banner Advertising Details

Newsletter Subscribe

Video Gallery

Policies

 

 

 

Privacy Policy

 

 


Cookie Policy

 

 



This site and its contents are © Copyright TetraMedia and/or the original author, photographer etc. All Rights Reserved.  Photographs are copyright by law.  If you wish to use or buy a photograph contact the photographer directly.
XLXL NEW US
LocalAds   DE  ES  FR  IT