How to Buy a Boat and Pay No Sales Tax by Licensing it in Montana
Purchase a boat in a Montana LLC to avoid paying sales tax and license it with the Montana DMV department of motor vehicles.
Montana boats have permanent registrations under section 61-3-321(10)(a)(i) of the Montana code annotated.
Montana boat fees are as follows:
| Under 16 feet: |
$65.00 |
| 16-19 feet: |
$125.50 |
| Over 19 feet: |
$295.50 |
With forming a Montana LLC to purchase the boat in, you can avoid sales tax and personal property tax, because Montana charges the above permanent license fees in lieu of sales or personal property tax.
We set up Montana LLC’s every day for $239.00. That includes the articles of organization, operating agreement, State filings fees, and 1 year of our $49.00 Montana registered agent service. By far the cheapest and most comprehensive Montana LLC out there.
That means you can purchase a $500,000 yacht and be looking at $239.00 for the Montana LLC, and about $300.00 to get a Montana title and boat registration. You will probably still have to register it in your home State, but the sales tax savings will be huge! 7% sales tax on $500,000 is $35,000. Anytime we save a client over $50,000 in sales tax, we require a boat ride :)
If you would like a Montana LLC you can sign up here:
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