Tag Archives: boat taxes
Foreign Yachts Charged New Tax in South Africa
Yachties extending their stay in South Africa are being threatened with having their vessels impounded unless they temporarily import them, or face having to pay fines. Customs officials are springing laws on them that apply to commercial vessels, causing confusion … Continue reading
MD Backs Down on Boat Tax Hike
Good news for Maryland boaters! The Maryland Department of Natural Resources will propose amendments to House Bill 1307 to substantially reduce the proposed cost of registering a boat in Maryland, the department announced. The department introduced the legislation to address … Continue reading
Florida Tax Cap on Boats Increasing Sales
It’s always nice to hear when these programs work. Hopefully it will encourage other states to do the same. In the roughly 16 months since it became law, Florida’s $18,000 sales/use tax cap on boat sales has preserved thousands of … Continue reading
NMMA Call to Action for Boat Interest Tax Deduction
The NMMA is calling on all boaters to take action by letting congressmen know that removing the boat interest tax deduction will drastically hurt the boating industry, and that boaters should not be subject to losing this deduction if second homeowners … Continue reading
CT Marine Industry Lobbying Pays Off
Members of Connecticut’s marine industry prove that people can make a difference by letting their legislators know how they feel. Most of the tax proposals were jettisoned by legislators, but Connecticut trade officials say its sales tax drives business to … Continue reading
