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Paperwork and such Preparation...
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Author:  Anesthetized [ Sat Jun 23, 2007 5:14 am ]
Post subject:  Paperwork and such Preparation...

Hello again, Looking at a 348 on Monday and have a great feeling about it! Question, I have my loan paperwork set up and ready to rock and have my insurance agent on standby. What paperwork should I prepare for registration and the like for the state of CT? Not sure where to go and what to do for that. Also, question (real dumb one) for the CT boaters. If I buy a boat registered in Rhode Island, do I need to pay CT sales tax?

Thanks again in advance guys and sorry to bother you with these petty things but rather than go in to the sale blind....

Author:  GregNVirginia [ Sat Jun 23, 2007 7:59 am ]
Post subject: 

Hi Anesthetized,

Congrats on your upcoming purchase!

I was able to find info online about registering a boat in CT. Sorry, don't know about the tax question.

Here's the link to CT boat registration:

http://www.dmv.org/ct-connecticut/boat-registration.php

Author:  HBender [ Sat Jun 23, 2007 8:45 am ]
Post subject:  CT Tax

You pay the tax of the state where you buy the boat. Thus, if you buy the boat in Rhode Island, you pay Rhode Island Sales tax there. HOWEVER, I believe that when you go to register the boat in CT, you must bring the bill of sale, and they will make you pay the difference in tax if the RI tax paid was less than the CT tax would have been.

HBender
2006 248 Vista

Author:  Anesthetized [ Sat Jun 23, 2007 11:55 am ]
Post subject:  Re: CT Tax

HBender wrote:
You pay the tax of the state where you buy the boat. Thus, if you buy the boat in Rhode Island, you pay Rhode Island Sales tax there. HOWEVER, I believe that when you go to register the boat in CT, you must bring the bill of sale, and they will make you pay the difference in tax if the RI tax paid was less than the CT tax would have been.

HBender
2006 248 Vista


Ouch! Heaven forbid that they don't squeeze some more money out of me. Thanks for the responses...

Author:  mkivbren [ Sat Jun 23, 2007 4:57 pm ]
Post subject: 

Nah, bought my boat in CT and registered in DE. Paid zero tax!!!

Author:  Giaccamo [ Sun Jun 24, 2007 5:57 am ]
Post subject: 

Anesthetized, I think HBender is exactly correct! My last FW was registered in CT, and I remember something like that. Congrat's on finding a Boat so fast, and Best of Luck!

mk, that's one of he great things about Delaware. I think it is the only place you can still get away with that. In fact, we are in Kent Island, MD at the moment looking at possible retirement locations (and tons of boats all around us), and plan to look in Delaware on our way home today. I also heard that if you live in DE and your boat is "Documented" that not only do you not pay sales tax but you avoid the personal property tax on it as well?? I am not sure about that one, but I do plan to look into the documentation process before I buy my next boat.

Author:  mkivbren [ Sun Jun 24, 2007 7:33 am ]
Post subject: 

I think you are correct about the property tax as well. I can check with my buddy who has a house in DE. I don't have property there but you don't need to in order to register your boat there. Both boats and jetskis are all registered in De, you don't even need a physical address there in order to do so. Now if you have a un-trailerable cruiser and don't keep it in Delaware so many months per year then I heard that the other state's agencies will attempt to fine you.

Registration was a whopping 20 bucks for the Vista! :D

Author:  Anesthetized [ Sun Jun 24, 2007 12:04 pm ]
Post subject: 

mkivbren wrote:
I think you are correct about the property tax as well. I can check with my buddy who has a house in DE. I don't have property there but you don't need to in order to register your boat there. Both boats and jetskis are all registered in De, you don't even need a physical address there in order to do so. Now if you have a un-trailerable cruiser and don't keep it in Delaware so many months per year then I heard that the other state's agencies will attempt to fine you.

Registration was a whopping 20 bucks for the Vista! :D


Rub it in why don't ya! Ct Reg is going to be 165 and I don't even want to think about the yearly property tax bill!

Author:  BarryBoats [ Sun Jun 24, 2007 10:05 pm ]
Post subject: 

The only thing that has no property taxes in CT is on boats. We pay yearly registration based upon the footage of the boat. You only have to pay the registration and sales tax.

Author:  Anesthetized [ Mon Jun 25, 2007 6:00 am ]
Post subject: 

BarryBoats wrote:
The only thing that has no property taxes in CT is on boats. We pay yearly registration based upon the footage of the boat. You only have to pay the registration and sales tax.


Awesome...I didn't even think about personal property tax til Giaccamo talked about it. I better not talk about it too loud cause Governor Rell will hear me and pass a new bill. Thanks...

Author:  Jim_R [ Mon Jun 25, 2007 8:51 am ]
Post subject: 

Of course if you are buying from a Dealer, they will have most of the answers for you. Also, buying used may be different from buying new. For example I bought my 200 new in Illinois and registered it in Wisconsin, and only paid Wisconsin sales tax.

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