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Maryland Tax Cap for Vessels over $300,000

Boat Tax

The Maryland General Assembly has passed Senate Bill 90, a law that caps Maryland’s vessel excise tax at $15,000 per vessel. For vessels under $300,000 the tax cap offers no benefit, but for vessels over $300,000 the tax savings can be enormous. The bill was proposed...

Offshore Yacht Registration

Boat Tax, Featured, Vessel Purchase

BOATINGLAW.COM’S GUIDE TO OFFSHORE YACHT TRANSFERS British Virgin Islands • St. Vincent • Marshall Islands • Vanuatu Lochner Law Firm’s clients often present the question as to what is the best method to protect their assets and to mitigate the possible...