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Jan 23rd, 2013
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Tax on a used boat? #12340776
07/15/17 01:14 PM
07/15/17 01:14 PM
Joined: Jun 2016
Posts: 1,073
i-Fish Offline OP
Extreme Angler
i-Fish  Offline OP
Extreme Angler

Joined: Jun 2016
Posts: 1,073
Sooo...state gets the tax on a new boat purchase and AGAIN gets the tax when you buy a previously new (and taxed) boat? Am I missing something?


If you can't find em wind em.
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Re: Tax on a used boat? [Re: i-Fish] #12340785
07/15/17 01:19 PM
07/15/17 01:19 PM
Joined: Mar 2007
Posts: 12,238
Plano,Texas
F
forkduc Offline
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forkduc  Offline
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Joined: Mar 2007
Posts: 12,238
Plano,Texas
Nope. That's the way it is!

Re: Tax on a used boat? [Re: i-Fish] #12340792
07/15/17 01:24 PM
07/15/17 01:24 PM
Joined: Jun 2016
Posts: 1,073
i-Fish Offline OP
Extreme Angler
i-Fish  Offline OP
Extreme Angler

Joined: Jun 2016
Posts: 1,073
It's a sick joke!


If you can't find em wind em.
Re: Tax on a used boat? [Re: i-Fish] #12340896
07/15/17 02:46 PM
07/15/17 02:46 PM
Joined: Jul 2014
Posts: 3,643
Arlington
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Bobby Milam Offline
TFF Team Angler
Bobby Milam  Offline
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Joined: Jul 2014
Posts: 3,643
Arlington
There is sales tax on everything that you buy, whether new or used. It's the same way on cars and everything else. It's one of the reasons we don't pay a state tax here.

Re: Tax on a used boat? [Re: i-Fish] #12340935
07/15/17 03:02 PM
07/15/17 03:02 PM
Joined: Nov 2010
Posts: 4,398
R
RJF1423 Offline
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RJF1423  Offline
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Joined: Nov 2010
Posts: 4,398
I can live with it because there is no state income tax. Now if we had both I would be pissed!

Re: Tax on a used boat? [Re: i-Fish] #12340943
07/15/17 03:08 PM
07/15/17 03:08 PM
Joined: Sep 2005
Posts: 22,198
Lewisville
Uncle Zeek Offline
Perry Mason
Uncle Zeek  Offline
Perry Mason

Joined: Sep 2005
Posts: 22,198
Lewisville
Originally Posted By: HookinToads
Sooo...state gets the tax on a new boat purchase and AGAIN gets the tax when you buy a previously new (and taxed) boat? Am I missing something?


The only exception I can think of is if you trade in the used boat when purchasing another one. Same applies to cars & trucks. Doesn't matter if you're buying a new or used vessel/vehicle - the trade-in value offsets the new(er) purchase and you only pay sales tax on the net price.

But in general yeah, the state collects sales tax on the sale or resale of a boat.


"Decency is not news; it is buried in the obituaries --but it is a force stronger than crime" ~ Robert A. Heinlein, 1952

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