Quote:
Originally Posted by fishbones
I thought you were smarter than that, Spence. It's not about where it's bought, it's about where it's used. It's called a sales and use tax. You can buy a car in NH where there's no sales tax, but if you want to register it in the state you live, you pay the tax on it. If Mr. Heinz wants to use his boat in MA, which coincidentally is where he lives, he should register it in MA. Do you really think he's going to only use the boat out of Newport?
|
It looks like the boat is being used as a charter for a good part of the year, in which case being based in Newport would have many business advantages...LIKE LOWER TAXES.
Hell, this was probably written into the original purchase contract...
P.S. I'm still pretty damn smart.
-spence