Where will my vessel be assessed since I take it to many locations?

The vessel must be assessed where habitually moored or situated. The location where a vessel is habitually moored or situated is the location where the vessel is usually present when not in use. Department of Motor Vehicles information will indicate that principal location. Vessels registered in the State of California (bow numbers beginning with CF) must be principally located within the state to maintain such registration. The jurisdiction for property tax assessment resides with the state in which the vessel is registered.

Show All Answers

1. Why do I have to pay taxes on my vessel?
2. I paid the sales tax when I purchased the vessel and paid registration fees to the Department of Motor Vehicles. Why am I paying taxes again?
3. Why do I have a Vessel Property Statement?
4. What will happen if I do not return the Vessel Property Statement?
5. What if the due date to file a Vessel Property Statement falls on a Saturday, Sunday, or legal holiday?
6. Where will my vessel be assessed since I take it to many locations?
7. My vessel was stored or located in the State of Nevada on the lien date of January 1. Why do I have to pay California taxes?
8. How is the value determined?
9. Why is the average retail value, as listed in the price guides for January 1, different from the assessed value?
10. Why did my vessel value go up/down from last year?
11. What if I do not agree with the vessel value?
12. What if I still do not agree with the vessel value after an Assessor’s Informal Review?
13. Why do I have a 10% penalty note on my tax bill for my vessel?
14. What should I do when I sell my vessel?
15. I sold or disposed of my vessel after January 1st. Why do I have a tax bill?
16. I sold or disposed of my vessel before January 1st. Why do I have a tax bill?
17. Can my taxes be prorated?
18. I filed bankruptcy. Why do I have to pay the tax?