Quote:
Originally Posted by Airwaves
I saw that article last week. It seems to me the guy from Maine made two mistakes that cost him.
1. He purchased the boat THROUGH A DUMMY NH BUSINESS THAT HE ESTABLISHED FOR THAT REASON.
2. He brought the boat into Maine within a year of it's purchase and it remained in Maine for longer than 30 days.
I think the second item is the one that did him in legally although I am sure the establishment of a dummy company in a sales tax fee state to buy the boat in Florida did not endear him to the Maine tax collectors and produced the red flag.
Remember, it's not just a sales tax, it's a sales and USE tax.
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So what I want to know is, if you are a Maine resident and for the first year of ownership it never is in the State of Maine and then you decide later to move it onto a Maine lake, would the tax weenie alarm go off?