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Old 22-04-2013, 00:28   #1
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question about tax in the US

Hello

I like to sell my boat in US teritory, Florida
I had few anwser from USA citizen,Canadian and British

My question is:is there any Sell Tax or Any thing else like importation etc

The boat in BVI flag,The boat was in the US before
and i am french


So if any tax somewhere , who have to pay
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Old 22-04-2013, 00:35   #2
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Re: question about tax in the US

Each state has it's own rules so it is best to contact (online will suffice) the franchise tax board of the state in which you plan to complete the transfer.
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Old 22-04-2013, 01:01   #3
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Re: question about tax in the US

Quote:
Originally Posted by phmadeira View Post
Hello

I like to sell my boat in US teritory, Florida
I had few anwser from USA citizen,Canadian and British

My question is:is there any Sell Tax or Any thing else like importation etc

The boat in BVI flag,The boat was in the US before
and i am french


So if any tax somewhere , who have to pay
I may be wrong but I would imagine the issue will be import duties. For any non-US citizen they can legally avoid the 6% sales tax if they leave Florida waters within 90 days and do not return within 6 months. If a US citizen/resident buys the boat they will have to pay the 6% sales tax in Florida.

Whether or not one can legally avoid any import duties by say, transacting a certain distance offshore is another issue. Best contact the authorities in Florida to find out the exact situation.
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Old 22-04-2013, 03:37   #4
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There is a US import duty.


You can avoid this by closing the transaction offshore. The buyer would then pay the import duty when they import the boat into the US. Florida brokers and marine attorneys Re quite familiar with this process.


For modest price vessels I often wonder why the seller doesn't simply pay the import duty, and greatly simplify the selling process.
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