MARITIME LAW CENTER

The State of California imposes a substantial  tax on all yachts and vessels purchased within the State of California.  You may avoid the imposition of the tax by taking delivery and remaining outside of the state for a specified time. This kit will help to take advantage of the provisions of the use tax code and help you create the documentation necessary to support a tax exempt status for your vessel.

This Kit is in MS Word and Adobe Acrobat format so the forms may be customized for your project.

Purchase and Download Book and Forms

CONTENTS

I.     California Sales & Use Tax
II.    Types of Exempted Vessels from California Use Tax
III.   Type of Exempted Transaction from California Use Tax
IV.    Exemption for Out of State Purchases of Watercraft
V.     Determining Costs vs. Tax
VI.    Typical Offshore Closing
VII.   Offshore Closing Check List
VIII.  Mexican Port Clearance Information

 FORMS LIST
1.     Contractual Language
2.     Declaration of Out of State Use of Watercraft
3.     Log Entry for Seller’s Arrival at Offshore Position
4A.  Appointment of Captain to Represent Owner and Deliver the Vessel to the Offshore
        Position
4B.  Appointment of Captain to Represent Seller and Accept Vessel at an Offshore Position
5.     Log Entry for Buyer’s Arrival at Vessel
6A.  Declaration of Delivery by Seller
6B.  Declaration of Acceptance of Vessel by Buyer
7.     Witness Declaration
8.     Log Entry – Witness Statement
9.     Log Entry – Buyer Taking Command of Vessel and First Functional Use
10.  Declaration by Water Taxi Captain of Service
11.  Log Entry – Arrival in Foreign Port
12.  Log Entry – Departure of Foreign Port
13.  Log Entry – Arrival in First California Port

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