Florida Caps Sales/Use tax for boats at $18,000

[Keith]

Excerpt from a report in Boating Industry:

"...The Boat Sales-Use Tax Cap limits the 6-percent Florida state
sales tax on a boat purchase or the use tax for currently owned
vessels to $18,000, helping Florida save marine industry jobs and,
ultimately, increase sales tax revenue, according to the statement.
Passage of the cap is expected almost immediately to begin
invigorating Floridas vital marine industry by helping to stimulate
boat sales and encourage boat buyers and current owners to register,
keep and use their watercraft in the state, the associations said...."

Judy Waldman
Yacht Broker
JW Yachts
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[Baker]

Somebody is thinking....

 

[Phil Fill]

That is 18,000.00 tax or a value of $300,000.00.* Helps the*people buying big expensive boat, but no the average boater.