A vessel that is imported into the us and the exported and imported again needs to pay duty again. This is 1.5% of the sales price
. Or 0. Or more. Depending on the country you are importing from. And where the vessel was built.
Separately a resident of a state may need to pay sales tax on the vessel. This is typically 0%-7%.
Can depend on the time between purchase
and bringing the vessel into your state.
Some localities (state city or town) also assess a property tax. This is often nominal in terms of boat bux. Depends a lot on the “assessed value” which often drops like a stone over time.
If you change residence from one state to another, depending on time etc, you may be on the hook for the difference between the old state and the new state sales tax rate. Or nothing.
Import duty. Maybe.
Sales tax. Maybe.
Property tax. Maybe.
Yeah it depends
on the country of origin.
On the state of your residence.
The municipality of your residence.
How long between purchase and bringing the vessel in state.
And if you change residence how long did you own the boat.
Really different depending on circumstance.
I paid 1.5%. Duty
And 6%. Sales tax
And pay about $200 per annum to my town. Property tax.
. Is what it is. Not complaining, just saying.
On a 1972 boat. That was imported in 1972 but was exported. So second importation. No discount for that.
Btw in Massachusetts
town means town meeting government
. We have an annual open town meeting. So I have a vote on that local tax rate.
Those town meetings are the only body that can change local taxes or local laws. Can be brutal debates but can really kind too.