Boatinglaw.com’s Todd Lochner sat down with John Martino of Annapolis School of Seamanship (ASOS) to discuss the importance of registering your new, foreign built vessel under a foreign flag. In the video below, Todd discusses the impact of proposed tariffs on foreign built boats currently on order and boats yet to be built, the tax benefits of foreign flagging and how foreign flagging can solve concerns over pending tariffs. You can also read the article and watch the video on Chesapeake Monthly.
If you are concerned about the impact of coming tariffs on the purchase of your new boat, give us a call at (443) 716-4400 to learn more about foreign flagging.