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| Boat Fishing & Boating A new forum at Striped-Bass.com for those fishing from boats and for boating in general |
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09-28-2011, 03:18 PM
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#1
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Hardcore Equipment Tester
Join Date: Mar 2001
Location: Abington, MA
Posts: 6,234
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What the deal with this?
Ok I was in the doctors office waiting to get called. I was reading through a Yachting mag looking at the ships and dreaming, when I noticed most if not all had this stipulation *Not for sale to US Residents while in US waters what gives? Some of these boat or ships are located in Florida, and they are all asking price in US dollars, sounds like some sort of scam to screw the government to me....
Here is an example...
Westport Brokerage
Look under accommodations. |
Bent Rods and Screaming Reels!
Spot NAZI
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09-28-2011, 03:41 PM
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#2
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"Fishbucket"
Join Date: Feb 2004
Location: Bahston Hahbah
Posts: 6,588
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probly made in Cuban sweatshops with giant redwood lumber and sealskin
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09-29-2011, 09:42 AM
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#3
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D'oh
Join Date: May 2004
Location: RI
Posts: 3,296
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large yachts will be owned by foreign shell companies and will fly that country's flag. BVI, Caymans, etc.
then then don't have to comply to all of the same rules we have, like hiring only american crew, safefty inspections, etc..
But I think that there are huge duties they have to pay if they sell to a US company/citizen.
That is my best guess.
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i bent my wookie
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09-29-2011, 12:08 PM
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#4
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lobster = striper bait
Join Date: Jul 2002
Location: Popes Island Performing Arts Center
Posts: 5,871
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Quote:
Originally Posted by zacs
large yachts will be owned by foreign shell companies and will fly that country's flag. BVI, Caymans, etc.
then then don't have to comply to all of the same rules we have, like hiring only american crew, safefty inspections, etc..
But I think that there are huge duties they have to pay if they sell to a US company/citizen.
That is my best guess.
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They can sell to a US citizen, just in a non-US location.
Avoids taxes etc. |
Ski Quicks Hole
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09-29-2011, 06:33 PM
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#5
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Shorts and Sandals
Join Date: Jan 2003
Location: southeastern mass
Posts: 597
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last time i was in Ft Lauderdale most of the yachts had SA for their port not USA. Thats how the rich folks beat paying luxury tax. Just ask Sen Kerry he can explain it to you. You know they want to eleminate mortgage interest and real estate tax as tax deductions so they wont have to raise taxes on the rich. We need a tax revolution.
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09-30-2011, 08:22 AM
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#6
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lobster = striper bait
Join Date: Jul 2002
Location: Popes Island Performing Arts Center
Posts: 5,871
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Quote:
Originally Posted by NEXT2NUN
Thats how the rich folks beat paying luxury tax. Just ask Sen Kerry he can explain it to you.
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Kerry's yacht is US flagged, registered in RI. Huge difference here.
John Henry's yacht isn't US flagged. 
Last edited by likwid; 09-30-2011 at 08:30 AM..
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Ski Quicks Hole
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09-30-2011, 10:37 AM
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#7
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Registered User
Join Date: May 2003
Location: Easton, MA
Posts: 5,737
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Quote:
Originally Posted by likwid
Kerry's yacht is US flagged, registered in RI. Huge difference here.
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Yeah, Kerry only saved about half a million in sales tax by registering it in RI and also doesn't pay any yearly excise tax by keeping it there. |
Conservatism is not about leaving people behind. Conservatism is about empowering people to catch up, to give them tools at their disposal that make it possible for them to access all the hope, all the promise, all the opportunity that America offers. - Marco Rubio
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09-30-2011, 12:28 PM
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#8
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Registered User
Join Date: Aug 2009
Location: Duxbury
Posts: 652
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I saw a big one from Bikini island up in Maine the other day.
Does that mean they must constantly declare to customs when they arrive to port?
I want to have this problem some day.
http://www.register-iri.com/index.cf...n=page&page=83 |
-Andrew
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09-30-2011, 12:30 PM
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#9
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D'oh
Join Date: May 2004
Location: RI
Posts: 3,296
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Quote:
Originally Posted by Typhoon
I saw a big one from Bikini island up in Maine the other day.
Does that mean they must constantly declare to customs when they arrive to port?
I want to have this problem some day.
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I belive they can get some sort of a cruising pass once they are inside US waters so they don't have to continuously clear in every port of call. |
i bent my wookie
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10-01-2011, 08:46 AM
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#10
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Pete K.
Join Date: Jun 2007
Posts: 2,953
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Screw Kerry and his banana-boat face..
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