DON’T FORGET ABOUT PROPERTY TAX

• Most of the tax questions we receive are related to sales- and use-tax avoidance. And while that certainly remains to be a significant topic, especially in states without caps, vessel owners often fail to consider property tax. For vessel operations with a steady travel itinerary, property tax is something to consider prior to state registration and setting a fixed schedule.

SALES/USE AND PROPERTY TAXES

There are significant