Quote:
Originally Posted by PC31
If you register in Mass you will have to pay sales tax (based on price of boat when purchased) on both boats.
Good luck with that!
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You have to be careful with this one... If you buy the boat in NH and leave it there you are required to register the boat in NH. However, your home state still wants the sales and excise tax.
I can speak about what Maine does. If you finance the boat through a Maine bank, they will come looking for the sales tax. If you buy the boat in NH (and are a Maine resident) and then eventually sell the boat to someone in Maine, the Maine revenue service will send you a nice little letter about the boat sales tax never having been properly paid and will kindly tell you the amount to fork over.