Is a Coast Guard Documented boat exempt from Michigan sales tax?

[carwash11147]

I'm in the process of purchasing a boat that is Coast Guard documented out of Arizona. Does anyone know if I will be exempt from Michigan state sales tax on this purchase? Also, can I register this boat in Michigan to get an MC number so I don't get hassled by every cop boat I pass this summer?

 

[macsfriended]

Re: Is a Coast Guard Documented boat exempt from Michigan sales tax?

I don't know MI law; but, I'll bet you will have to pay MI.

Missouri has a specfic law that specifies a "sales tax equivalent amount" to be paid by USCG documented boats.

So, I will bet MI has a similar requirement.

I will also bet the facts are on the internet in the Michigan.gov site.

 

[gypsysoul]

Re: Is a Coast Guard Documented boat exempt from Michigan sales tax?

I am curious as to why it is coast guard documented vessel in arizona? They have boat registration in arizona, alot of california owners register there boats there to save money. I would have thought it should have a "az" number. just wondering?

 

[carwash11147]

Re: Is a Coast Guard Documented boat exempt from Michigan sales tax?

I already checked Michigan.gov site and couldn't find any info on this subject

 

[carwash11147]

Re: Is a Coast Guard Documented boat exempt from Michigan sales tax?

You don't have to display a state registration number if it is CG documented. I understand this is just one of many reasons that people have a boat documented.

 

[Pez Vela]

Re: Is a Coast Guard Documented boat exempt from Michigan sales tax?

An out of state purchase of a "watercraft" is subject to the payment of the 6% Michigan "use tax." http://www.michigan.gov/taxes/0,1607,7-238-43529-155460--,00.html

Registration is required, irrespective or whether or not the "watercraft" has been documented. http://www.michigan.gov/sos/0,1607,7-127-1585_15242-34638--,00.html

 

[rjlipscomb]

Re: Is a Coast Guard Documented boat exempt from Michigan sales tax?

Not knowing any better, exactly what is a Coast Guard Documented Boat?

 

[Pez Vela]

Re: Is a Coast Guard Documented boat exempt from Michigan sales tax?

Not knowing any better, exactly what is a Coast Guard Documented Boat?

I could tell you but I'd have to kill you.
http://www.uscg.mil/hq/cg5/nvdc/nvdcfaq.asp#22

 

[rjlipscomb]

Re: Is a Coast Guard Documented boat exempt from Michigan sales tax?

I could tell you but I'd have to kill you.

This is a good day. It started with Tea Parties, detoured by Toyota, and now only one potential death threat! I usually get more before my morning coffee (from my wife of course...)

And, by the way, thanks.

 

[gypsysoul]

Re: Is a Coast Guard Documented boat exempt from Michigan sales tax?

RJ, I had the same question but was afraid to ask it. But I am not afraid of death threats, because I know where Jimmy Hoffa is buried!

 

[carwash11147]

Re: Is a Coast Guard Documented boat exempt from Michigan sales tax?

Thanks for the info pez vela. I checked with my accountant and he gave me the same info.

 

[JimMH]

Re: Is a Coast Guard Documented boat exempt from Michigan sales tax?

In GA transactions between individuals are exempt from Sales Tax. However I purchase a boat in FL from a dealer in August which I paid sales tax on the trailer as per FL law but not the boat. I got a bill from the State of GA after registering the boat with the state. GA wants the difference in the taxes on the whole transaction. I got a bill for $1700.00. Two things certain in Life Death and Taxes!