Tag Archives: boat tax

The BI Weekly 5 is a collection of tips, news and data affecting the boating industry this week. Be sure to look for the BI Weekly 5 every week on BoatingIndustry.com 1. Southeast U.S. Boat Show canceled The Southeast U.S. Boat Show, scheduled for this weekend in Jacksonville, Fla., has been canceled, News4Jax reported. Move-in for the show was scheduled ...

The BI Weekly 5 is a collection of tips, news and data affecting the boating industry this week. Be sure to look for the BI Weekly 5 every week on BoatingIndustry.com. 1. New crowdfunding effort for Miami Marine Stadium (Video) The city of Miami has launched a new crowdfunding campaign in partnership with Heineken in another attempt to restore and ...

The BI Weekly 5 is a collection of tips, news and data affecting the boating industry this week. Be sure to look for the BI Weekly 5 every Tuesday on BoatingIndustry.com. 1. Increasing resistance to ethanol mandate As the political and economic climate has changed since the Renewable Fuel Standard first passed, so have feelings about ethanol -- even in ...

TRENTON, N.J. – New Jersey Governor Chris Christie signed into law legislation that cuts the sales and use taxes on purchases of recreational boats by 50 percent, to 3.5 percent. The law also sets a $20,000 cap on sales tax imposed on such purchases, and provides a 30-day grace period during which a tax will not be levied on the ...

TRENTON, N.J. – The Democratic-controlled state Senate in New Jersey voted 33-1 to approve a bill that would reduce the sales tax on all boats bought in the state by 50 percent, according to NJ.com. Governor Christie conditionally vetoed the bill originally, saying the first proposal would have provided relief only for those who buy vessels for more than $285,000. ...

Trenton, N.J. – Governor Chris Christie conditionally vetoed a bill on Monday designed to spur New Jersey’s boat-building industry by reducing the sales tax paid on expensive vessels, as originally reported in a story on Press of Atlantic City. Christie wants changes to the bill and is willing to sign a revised version, as long as owners of smaller vessels ...