{Stus-List} Buying a Boat out of State

Neil Andersen neandersen at verizon.net
Mon Jun 15 15:54:17 EDT 2009


Tom,

 

If the transaction takes place in MD, does the state charge a sales tax and
waive the excise tax?

 

Neil

 

From: cnc-list-bounces at cnc-list.com [mailto:cnc-list-bounces at cnc-list.com]
On Behalf Of TOM VINCENT
Sent: Monday, June 15, 2009 2:45 PM
To: C&C Forum
Subject: {Stus-List} Buying a Boat out of State

 

Brad,
 
The State of Maryland does not put a sales tax on the boat you bought out of
state. They do have a 5% Excise Tax of Purchase Price. They give you credit
for a Trade-in on the Net Purchase Price. They have a Title Fee of $2.00 and
a Registration Fee of $24.00 for 2 Years. The nearest office is in Bel Air
and their number is 410-836-4550.
 
Tom Vincent
Frolic 2
C&C 36' cb

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