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Old 11-12-2011, 16:30   #16
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Re: Canadian Buying and Mooring a Boat in the US

Quote:
Originally Posted by bobofthenorth View Post
As you have correctly surmised though when you register in Canada you have to pay the provincial tax and the GST immediately. .
Not if the vessel is not in Canadian waters.
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Old 11-12-2011, 17:11   #17
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Re: Canadian Buying and Mooring a Boat in the US

I've actually been thinking about registering a corp and then registering the boat to the corp, since I want to film the whole trip and make a series of TV shows, documentaries out of it to try and recoup some of my expenses when I get back. I can still do so buy owning the boat personally, but there might be advantages to having a corp own the boat. That's a whole other thread though.
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