boat registration, british virgin islands yacht registration, marine documentation, USA
15 July, 2024

There is often so much confusion about what happens tax-wise and duty-wise, when an owner enters a vessel into a boat show.
The vessel has a US Cruising Permit, (which must be given up).
The US Cruising Permit protected a foreign flagged vessel from becoming taxable, but in order to place the vessel in the boat show, things change, and these changes have a domino-effect on tax liability and duty liability.

The Law Firm of Alley, Maass, Rogers & Lindsay, P.A. has given us permission to display their article from Compass Magazine in our web-site.
It’s a clear explanation of the “ins and outs” that both owners and yacht brokers need to understand.

To read this excellent article please click here.

Vessel Registration, marine documentation, Registration boat

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