Connecticut cut its sales tax from 6.35% to 2.99% on boats, boat trailers, boat motors, and marine-dyed diesel fuel. Small boats have 10 days to leave; larger boats have 90 days. A few other popular boat-buying state’s taxes are: California: Varies between 7% to 9% on purchase depending on homeport, plus personal property tax may also be due. This allows the buyer to keep the boat in Florida … Connecticut: 2.99% Delaware: 0% Florida: 6% state tax plus 0.5% to 2.5% surtax on the first $5,000. And unless a boat purchased in Florida will be registered in one of the no-sales-tax states, owners will have to pay sales tax (known as a “use tax”) at their own state’s tax rate when the vessel is registered in their home state. 2. Specifically, if a nonresident purchaser comes to Florida, buys a boat, and fills out the correct paperwork, the purchaser does not have to pay Florida sales tax on the boat. North Carolina’s boat sales tax is 3% and capped at $1,500; Alabama’s is 2% but has no cap. Straight from the authorities at the Florida Department of Revenue, "All boats sold, delivered, used or stored in Florida are subject to Florida's sales and use tax, plus any applicable discretionary sales … The New Hampshire sales tax rate is 0% as of 2018, and no local sales tax is collected in addition to the NH state tax. Rhode Island, for example, has no sales tax on boats. You can get an extension of the deadline if the boat is in a yard and under repair. Sales Tax. Florida Department of Revenue, Sales and Use Tax on Boats Information for Owners and Purchasers, Page 2 Example: If you purchase a boat in a state that has a sales tax rate of 4% , you must pay an additional 2% when you bring the boat into Florida, plus any applicable discretionary sales surtax. North Carolina’s boat sales tax is 3% and capped at $1,500; Alabama’s is 2% but has no cap. Rhode Island, for example, has no sales tax on boats. A boat dealer actually take ownership of the used boat, a broker is merely a sales agent for a private owner. When you play by the book, you can't avoid state of Florida sales tax on the boat you sell. Florida caps the amount of boat sales tax at $18,000 no matter the purchase price. If the sales tax has been paid, a receipt for payment must be provided to the county tax collector or license plate agent processing the title and/or registration. Problem is, most other states also have a sales tax and if FL doesn't get you then they will. There is tax if it is bought from a boat dealer. If sales tax on the total purchase price of the vessel has not been paid at the time of the registration, payment must be made along with the registration and titling fees. Find your FL surtax rate here. At the time I lived in North Carolina which does not have sales or use tax on a used boat bought from an individual. It consists of the buyer signing a Tax Affidavit and purchasing a tax exempt decal from the broker. I dealt with the registration / tax issue recently in FL and it can be a pain. Find your CA Rate by address or by location. However if you purchase a used boat from an individual, even if on consignment through a dealer, and the itemized invoice/BOS includes other items (outboard, trailer, etc.) Connecticut cut its sales tax from 6.35% to 2.99% on boats, boat trailers, boat motors, and marine-dyed diesel fuel. Florida caps the amount of boat sales tax at $18,000 no matter the purchase price. The key to obtaining this benefit is the purchase MUST be through a Florida dealer and all … Delaware and Rhode Island do not require a sales tax at all, and in some states, sales tax is only applied up to a certain amount of the boat’s purchase price. This exemption can only be offered by licensed Florida brokers who have a Florida Resale Certificate. The maximum tax of $18,000 will apply. 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