{Stus-List} Buying a Boat out of State

[Della Barba, Joe]

You just pay ONCE. No yearly tax.

 

Joe Della Barba

Coquina

 

From: cnc-list-bounces at cnc-list.com
[mailto:cnc-list-bounces at cnc-list.com] On Behalf Of Dave Kuchenbecker
Sent: Wednesday, June 17, 2009 10:50 AM
To: cnc-list at cnc-list.com
Subject: Re: {Stus-List} Buying a Boat out of State

 

I have the same question.  If I buy a boat in MD, and leave it there,
Do I pay the excise tax.  

 

Is there personal property tax on boats in MD.  If so what is the rate.

 

thanks

On Mon, Jun 15, 2009 at 12:54 PM, Neil Andersen <neandersen at verizon.net>
wrote:

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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