The retail sale of a boat is subject to the 300 State rate of sales and use tax with a maximum tax of 1500 per article.

Boat sales tax by state. Many states allow local governments to charge a local sales tax in addition to the statewide sales tax so the actual sales tax rate may vary by locality within each state. Sales and Use Tax All boats sold delivered used or stored in Florida are subject to Floridas sales and use tax plus any applicable discretionary sales surtax unless exempt. Ad Gordys Marine now has a service center in Fox Lake.

Florida for example has such a provision that caps the tax to 18000. Boat Trailers are taxed at 65. There is also an upper limit on the sales tax.

If you paid less than a 625 Sales tax to another state and registered your purchase with that state you would owe the difference to Massachusetts if your purchase was brought into Massachusetts for use within 6 months. Choose any state for more information including local and municiple sales tax rates is applicable. Some states have special provisions to limit the amount of tax owed on the boat.

State State Rate Range of Local Rates Local Rates Apply to Use Tax. 0 785 A cap on the local salesuse tax applies on sales of any item of tangible personal property. See TIR 03-1 for more information.

Call Gordys today for any of your boat repair needs. And on top of those rates your municipality or county may tack on another percent or two in local sales tax too. Florida boat dealers and brokers are required to collect tax from the purchaser at the time of sale or delivery.

0 90 Some local jurisdictions do not impose a sales tax. For sales tax purposes a boat dealer and yacht broker are the same. 5 sales tax ONCE.