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Old 01-04-2013, 04:39   #1
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Exclamation US to introduce "BlueWater" cruising tax (in 2014?)

USCG registered vessels that are not permanently resident in a US State (and paying State taxes?) will be charged a 5% annual tax (will be interesting to see where they get the values from! - Yachtworld? ) and will also be required to notify the USCG of every country they visit within 24 hours of arrival (inspections to follow? ).

I guess it's all part of keeping you guys "safe" .

BBC News 24 - US budget proposals
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Old 01-04-2013, 05:01   #2
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Re: US to introduce "BlueWater" cruising tax (in 2014?)

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Old 01-04-2013, 06:54   #3
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Re: US to introduce "BlueWater" cruising tax (in 2014?)

BAM!
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Old 01-04-2013, 07:18   #4
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Re: US to introduce "BlueWater" cruising tax (in 2014?)

That will teach those wealthy cruising 1% folks!

Glad they are doing this, it is LONG overdue!
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Old 01-04-2013, 07:21   #5
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Re: US to introduce "BlueWater" cruising tax (in 2014?)

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Old 01-04-2013, 07:41   #6
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Re: US to introduce "BlueWater" cruising tax (in 2014?)

I wonder if this will be the great success the "Luxury Tax" was back in its day.

Boat Luxury Tax Drives an Industry Aground - NYTimes.com
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Old 01-04-2013, 07:41   #7
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Re: US to introduce "BlueWater" cruising tax (in 2014?)

I guess that is a good reason to let my documentation lapse.
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Old 01-04-2013, 07:55   #8
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Re: US to introduce "BlueWater" cruising tax (in 2014?)

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Old 01-04-2013, 08:24   #9
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Re: US to introduce "BlueWater" cruising tax (in 2014?)

Quote:
Originally Posted by David_Old_Jersey View Post
USCG registered vessels that are not permanently resident in a US State (and paying State taxes?) will be charged a 5% annual tax (will be interesting to see where they get the values from! - Yachtworld? ) and will also be required to notify the USCG of every country they visit within 24 hours of arrival (inspections to follow? ).

I guess it's all part of keeping you guys "safe" .

BBC News 24 - US budget proposals
Well done!

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Old 01-04-2013, 08:49   #10
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No worries, its for the children don't ya know.

I guess that means my boats will be registered only w the state and not the USCG.
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Old 01-04-2013, 08:54   #11
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Re: US to introduce "BlueWater" cruising tax (in 2014?)

April Fool's stories about new and ridiculous taxes are too easy. Too close to probably true.
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Old 01-04-2013, 09:07   #12
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Re: US to introduce "BlueWater" cruising tax (in 2014?)

I thought DOJ was referring to the recirculated blue juice found in some closed system heads. A tax on that would be just what it is worth.

Todd
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Old 01-04-2013, 09:43   #13
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Re: US to introduce "BlueWater" cruising tax (in 2014?)

I was sooooooo tempted to mention that the tax would be double for Cats .........but I resisted .
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Old 01-04-2013, 10:06   #14
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Re: US to introduce "BlueWater" cruising tax (in 2014?)

Bazinga
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Old 01-04-2013, 10:10   #15
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Re: US to introduce "BlueWater" cruising tax (in 2014?)

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Originally Posted by David_Old_Jersey View Post
I was sooooooo tempted to mention that the tax would be double for Cats .........but I resisted .
Well disguised approach...and using USCG "registered" instead of "documented" - was nice bait.
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