Quote:
Originally Posted by lawn psycho
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?
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I would say so.
If you can prove that the boat was registered in another state for the first year, you will not pay sales tax. Example: purchase the boat in NH and register it there for one year, then register it in Maine from there on. The only problem with that would be the 75 day limit that you would be allowed to use the boat in Maine without it being registered there. Maine has no where near as agressive MP as other states and I've never heard of anyone being cited for it.
BT