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State Taxes - what state if no US land based addressed

Discussion in 'General Yachting Discussion' started by davidsgrant, Jul 11, 2010.

  1. davidsgrant

    davidsgrant New Member

    Joined:
    Apr 10, 2009
    Messages:
    3
    Location:
    Lewiston, NY & Lady Smith, British Columbia
    We are likey going to sell our home and contents and move onto our boat in the next 12 months with no fixed USA address except one of our children to forward mail to.

    What state do we pay taxes in if we have no future plans to live in a particular state?

    Not sure where to get an answer to this and was hoping someone on Yacht Forums would know.

    Regards

    David
  2. jdpeterson

    jdpeterson New Member

    Joined:
    Oct 25, 2005
    Messages:
    36
    Location:
    Fort Myers, Florida
    The ones that come to mind are Nevada, Florida and the US Virgin Islands as having no State Tax (USVI's is paid for as a rebate/pass-thru of Federal taxes paid by residents). Given state budget issues, what works today may not work tomorrow...

    You absolutely need to consult a Tax Attorney! Check Lawyers dot com for someone that knows the answers and is not learning on your dime. After you have a strategy developed, then feel free to consult a Tax Accountant for execution, but remember that your planning discussions with your Tax Accounts is not, unless they are also qualified and acting as your Attorney, protected speech.
  3. Ormond Bert54

    Ormond Bert54 Senior Member

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    Location:
    Ormond Beach, FL
    I have a friend who cruises the world ... uses a FL address.

    It's a mail boxes etc type service .. shows up like a normal address. He's very happy with it. More details if you want.

    Mike
  4. K1W1

    K1W1 Senior Member

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    My Office
    Hi,

    That is a very valuable piece of advice right there and not just in the USA.
  5. knapp99

    knapp99 New Member

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    Dec 8, 2008
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    Location:
    Cairo, Egypt and Los Angeles, CA
    Yes, check with an attorney and make sure you get it right! When you leave the US, you are still resident of some state and certain rights such as voting accrue through that residence. An attorney can advise on how to establish residence in a state, but having a home there, a driver’s license and involvement in the local community are some way to establish residence. Make sure you establish residence BEFORE you depart on the voyage.

    States without state income tax include AK, WA, NV, TX, WY, SD and FL. TN and NH limit state income taxes to dividends and interest income.
  6. NYCAP123

    NYCAP123 Senior Member

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    Location:
    Long Island, NY
    Ditto that, but I think you'll find that where your mail is delivered is your place of legal residency unless you claim another or the tax man finds one.
  7. BobS

    BobS New Member

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    Jun 18, 2009
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    Location:
    SF Bay
    Residency

    There are many factors used in determining residency to many for this forum. It is not sufficient to just have a mailing address or a voters registration. It is very important for you to consult a tax attorney or CPA who has some experience in this area, do not just go to a local attorney or CPA, make sure they have recent experience in this area or you may pay them twice.

    In this day of budget deficits some states will pursue you after you leave....

    Bob
  8. yotphix

    yotphix New Member

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    Location:
    Southern California
  9. ZIA

    ZIA New Member

    Joined:
    Mar 14, 2009
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    Location:
    NEWPORT OR. USA
    The state of Oregon USA has no sales tax, but does have state income tax. If you choose to have Oregon as your state of residence and have a boat you should not be charged a sales tax on your boat; mine was a documented vessel. Conversely Washington state USA has a very high state sales tax; registration for vessel is very high, but no state income tax. A resident of Oregon can obtain from the Washington state tax commission a card which allows an Oregon state resident to buy goods in Washington state without paying any sales tax.
    Taking a boat into California state as a resident is expensive, and may not be the state you want to affiliate with.

    Some of this information may be outdated but should be pretty current.
  10. K1W1

    K1W1 Senior Member

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    Location:
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    Hi,

    What's the food and lodging like at a Post Office?

    Do they have room service and Cable?
  11. NYCAP123

    NYCAP123 Senior Member

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    It's actually quite comphy in here.:D I shouuld have said something to the affect of that's what often trips up politicians, but truth is that your residence is pretty much where IRS says it is. Get a lawyer