Floridas 6 use tax plus any applicable discretionary sales surtax is due on a boat used or stored in Florida when.

Boat sales tax by state. Generally Florida boat dealers and yacht brokers must collect sales tax from the purchaser at the time of sale or delivery. Call Gordys today for any of your boat repair needs. For sales tax purposes a boat dealer and yacht broker are the same.

There is a minimum tax of 5 and effective 1 July 2013 a maximum tax of 15000. 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. There are several options as to how a buyer can avoid sales tax.

But lets be honest understanding boat taxes by state is a lot to ask for when buying a boat. Ad Gordys Marine now has a service center in Fox Lake. Maryland isnt bad.

And on top of those rates your municipality or county may tack on another percent or two in local sales tax too. The boat is purchased from a person who is not a registered boat dealer and the sale or delivery of the boat occurs in Florida. Florida for example has such a provision that caps the tax to 18000.

See TIR 03-1 for more information. For example if you previously paid 1500 sales or use tax to another state for the purchase of the vessel and the California use tax due is 2000 the balance of the use tax. Generally if you paid a Sales tax of 625 or more to another state you would not have to pay a Use tax to Massachusetts.

State State Rate Range of Local Rates Local Rates Apply to Use Tax. The every-other-year fee for the sticker is around 25 or so. 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.