Out of State Purchase-Registration and Tax in Illinois
07-12-2007, 11:43 AM
#11
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Brads right !! If you are buying a boat in Illinois the tax is disguised as a user fee.If you try to go around it, it is fraud. It is 6.5% of the sales price. I will try to find a link to the state site. If you plan on buying a used boat then you had better figure in the tax up front and you can build it into the loan amount so it doesn't drain your bank acct later.
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07-12-2007, 12:05 PM
#12
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Brads right !! If you are buying a boat in Illinois the tax is disguised as a user fee.If you try to go around it, it is fraud. It is 6.5% of the sales price. I will try to find a link to the state site. If you plan on buying a used boat then you had better figure in the tax up front and you can build it into the loan amount so it doesn't drain your bank acct later.
Just another reason to love the $htheds in Springfield!
07-12-2007, 12:07 PM
#13
Registered
CG documentation is not a free ride for taxes. Illinois requires you pay sales tax period. I registered mine both CG and with the state. Too many times you will get pulled over by local cops for lack of state reg. So I do both.
Be careful what you post here. Some of the posts are discussing tax fraud.
Be careful what you post here. Some of the posts are discussing tax fraud.
07-12-2007, 03:21 PM
#14
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No matter what I do, do I still send them a bill of sale?
07-12-2007, 04:13 PM
#15
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CG documentation is not a free ride for taxes. Illinois requires you pay sales tax period. I registered mine both CG and with the state. Too many times you will get pulled over by local cops for lack of state reg. So I do both.
Be careful what you post here. Some of the posts are discussing tax fraud.
Be careful what you post here. Some of the posts are discussing tax fraud.
http://dnr.state.il.us/admin/systems/boats.htm
07-12-2007, 06:53 PM
#16
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As of September 1st 2004. All used, brokered, out of state boats will be charges 6-1/4% tax on the boat only. You do not pay the tax on the trailer and you do no have to worry about county tax. Coast guard documenting in Ill does not do a thing. Ill get's you comming and going when it comes to Taxes.
07-12-2007, 09:47 PM
#17
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As of September 1st 2004. All used, brokered, out of state boats will be charges 6-1/4% tax on the boat only. You do not pay the tax on the trailer and you do no have to worry about county tax. Coast guard documenting in Ill does not do a thing. Ill get's you comming and going when it comes to Taxes.
07-13-2007, 05:04 AM
#18
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As of September 1st 2004. All used, brokered, out of state boats will be charges 6-1/4% tax on the boat only. You do not pay the tax on the trailer and you do no have to worry about county tax. Coast guard documenting in Ill does not do a thing. Ill get's you comming and going when it comes to Taxes.
07-13-2007, 10:29 AM
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Yes I will be there this year and, boy am I looking forard to it. It's going to be fun. I guess I will have to ride on LUCKY 7. Oh darn, 100 mph
, Some one has to do it.
TAX, I do not know how the state computes it. I have heard they are checking with the blue book values. All I know is if you try to fudge the system you will be taking a chance. Then you have to ask your self is the savings worth it???
, Some one has to do it. TAX, I do not know how the state computes it. I have heard they are checking with the blue book values. All I know is if you try to fudge the system you will be taking a chance. Then you have to ask your self is the savings worth it???
07-13-2007, 10:42 AM
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Yes I will be there this year and, boy am I looking forard to it. It's going to be fun. I guess I will have to ride on LUCKY 7. Oh darn, 100 mph , Some one has to do it.
TAX, I do not know how the state computes it. I have heard they are checking with the blue book values. All I know is if you try to fudge the system you will be taking a chance. Then you have to ask your self is the savings worth it???
, Some one has to do it. TAX, I do not know how the state computes it. I have heard they are checking with the blue book values. All I know is if you try to fudge the system you will be taking a chance. Then you have to ask your self is the savings worth it???
Hey Jim,
That new Baja looks sweet!!!! It's going to be a rough day at the office
