Tax Type
Watercraft Sales and Use Tax
Description
Application of tax
Topic
Basis of Tax
Date Issued
10-19-1987
October 19, 1987
Re: Request for Ruling/Watercraft Sales and Use Tax
Dear **************
This will reply to your letter of April 13, 1987, in which you request a ruling on the application of the watercraft sales and use tax to a vessel purchased by **************.
§58.1-1404.E of the Code of Virginia provides that the watercraft sales and use tax does not apply to "[a]ny watercraft sold or used for which no title is required, unless the owner of such watercraft chooses to apply for a title." Based upon the facts presented in your letter, the vessel in question would not have been required to be titled by the Department of Game and Inland Fisheries. As such, the vessel would not be subject to the watercraft sales and use tax, unless your client chooses to voluntarily title the vessel in Virginia.
Sincerely,
W. H. Forst
Tax Commissioner
Rulings of the Tax Commissioner