Originally Posted by yachtbrokerguy
If the foreign flag yacht was built in the US, the yacht can be re-imported as US built returned goods, with the payment of only a small fee. Then it can be sold to a US resident in the US.
Tucker, would such a vessel have an obligation to prove that sales tax was paid on it? If a vessel is built in the U.S., but delivered new outside of the country and foreign flagged could it be returned years later as U.S. built returned goods with only the payment of a small fee?