In simplest terms; the boat came from elsewhere, the necessary import taxes
have been paid, so the buyer doesn't have to concern themselves with that. Example: I bought my boat in California
. If I take it to Canada
or the Philippines
, or most places, It will be subject to an import
tax. In your case, the import tax has been paid, so, one less thing to fork out money
on. Otherwise, you'd have to pay the money
or remove the boat. Often, in a slow market, these "tax not paid" boats are past their "pay up or remove it" date, ergo, delinquent.