Tax on Boat question....

[Dpate]

The limit where you don’t pay is anything less than $7501. Values in the Assessor’s office comes from ABOS valuation services. The value you pay is the same formula that is used on your home. FMV x .40 = assessed value. Assessed value x millage rate = taxable amount.

Any other questions I can probably answer.

 

[Fireman8617]

It's called luxury tax. If you register the boat in Alabama problem is solved