Quote:
Originally Posted by BroadHopper
All the more reason not to do business in Maine. I finance my boat from a CU in CA. I don't think it was required to tell Mass state. Commonwealth? Whatever.
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The way Ma. and Vt work, is that you only pay Tax on the boat if you register and use it in the state ( a use Tax). Much like a car. If you use it else where and it never comes into the state then they just don't care. However don't be a Ma. / VT resident and get caught using a boat in Ma. / VT that is registered in another state, and has your name on the tittle....
Now when it comes to the trailer, if you have a seperate Bill of Sale for the trailer, Ma. will let you register the trailer and only pay tax on that. In Vermont however this didn't work, if I had registered the boat trailer they would have taxed me for the boat too....
In short all states handle things differently.
All this I became very aware of, when I looked into Boating Cirtificates, ownership, and registration laws, some odd years back......