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From: Richard Goodwin (no email)
Date: Thu Nov 10 2005 - 15:26:45 EST
I don't see any conflict between those two sections of
the code. I think rather that they complement each
other. The second section seems to deal with property
that is temporarily out of state, while the first
section deals with property owned by a resident.
As for double taxation, normally, if you can prove you
paid taxes in one state, then the other state won't
charge you up to that amount. If the second state's
taxes are higher, then they may charge you the
difference.
At least that applies to sales taxes. Be interesting
to see if it applies to property taxes.
One way they might get you is by having one state
charge you property tax (SC), and the state where the
boat is (FL) charge you use tax. If FL has use tax on
boats.
Next time buy a submarine, don't CG document it, and
keep it under water.
:-))
Dick
> Notice the sentence toward the end refering to "all
> other personal
> property...
>
> It appears to me that this directly contradicts
> another section of the code:
>
> SECTION 12-37-210. Property which is taxable.
>
> All real and personal property in this State,
> personal property of residents
> of this State which may be kept or used temporarily
> out of the State, with
> the intention of bringing it into the State, or
> which has been sent out of the
> State for sale and not yet sold, and all moneys,
> credits and investments in
> bonds, stocks, joint-stock companies or otherwise of
> persons resident in this
> State shall be subject to taxation.
>
> Problem is how do I convince our local county
> officials of this. I can't
> believe I may actually have to hire an attorney to
> fight this! If the boat was
> actually in a state where they tax based on
> location, I would be doubly
> taxed. Thanks for the suggestions...
>
> JP
>
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