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Old 12-15-2009, 02:10 PM   #11
LIforrelaxin
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Quote:
Originally Posted by BroadHopper View Post
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.
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......
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