Kerry taxes yacht

Author: ihpa

August undefined, 2024

WebOK, Sen. John Kerry is tired of all the yacht tax questions. Kerry announced this afternoon that he's paying all Massachusetts taxes due on his new $7 million yacht even though it's docked in Rhode Island, where he bought it and which doesn't collect sales tax on luxury vessels. Rough calculations mean that Kerry will hand over to Bay State tax officials … Webtax, according to Keohan, the President of MAAO. Under the proposed excise tax formula, Kerry would pay a tax of $175,000 on his yacht rather than $500. Besides, there were a lot of people who owned boats and were not paying what they really should. Boat owner and Concord Assessor R. Lane Partridge had written in a letter to the legislators that the …

Sen. Kerry docks yacht in R.I., saves on taxes - NBC News

Web23 jul. 2010 · BOSTON — Sen. John Kerry, D-Mass., is docking his family’s new $7 million yacht in neighboring Rhode Island, allowing him to avoid paying roughly $500,000 in … Web23 jul. 2010 · BOSTON—Massachusetts Sen. John Kerry is docking his family's new $7 million yacht in neighboring Rhode Island, allowing him to avoid paying roughly $500,000 in taxes to his cash-strapped home... is miss offensive

Kerry, yacht in rough seas over taxes - Washington Times

Web9 jun. 2015 · Not only that – Kerry, a Massachusetts resident, saved $437,000 in sales tax and $70,000 a year in excise taxes by keeping the boat in Rhode Island! I believe the NY Times would spin this... WebQuestion: Massachusetts Senator and one-time presidential candidate John Kerry understand the concept of tax avoidance. Kerry avoided paying $500,000 in taxes in Massachusetts by docking his yacht in Rhode Island. Rhode Island repealed sales taxes and annual excise taxes on yachts in 1993, making “the state something of a nautical … Web24 jul. 2010 · John Kerry recently purchased a new yacht for $7 million and is berthing this new vessel in Rhode Island to avoid paying $500,000 in taxes to the state of Massachusetts. I find this story interesting and relevent for a couple of different reasons-- one national and one local. First the national issue: We… is miss fisher returning

John Kerry registers his new yacht in Rhode Island to avoid …

John Kerry’s Tax Haven Investments and other Examples of Statist ...

Web30 mei 2012 · You may remember this story from July of 2010: John Kerry bought a new $7 million yacht and in order to avoid paying $500,000 in taxes to the state of … Web24 jul. 2010 · Cash-strapped Massachusetts still collects a 6.25 percent sales tax and an annual excise tax on yachts. Sources say Isabel sold for something in the neighborhood of $7 million, meaning Kerry saved approximately $437,500 in sales tax and an annual excise tax of about $70,000. is miss rachel good for kidsWeb23 jul. 2010 · Boston Herald: S en. John Kerry, who has repeatedly voted to raise taxes while in Congress, dodged a whopping six-figure state tax bill on his new multimillion-dollar yacht by mooring her in Newport, R.I.. Isabel - Kerry’s luxe, 76-foot New Zealand-built Friendship sloop with an Edwardian-style, glossy varnished teak interior, two VIP main … is miss marvel the same as captain marvel

"Web9 mrt. 2024 · COMMENT: The tax debacle on John Kerry's yacht is old news but given his current duties it's worth mentioning in this commentary. Our energy czar owned a yacht named Isabel that got Kerry into hot water when media reports revealed he and his wife skirted a $437,500 Massachusetts state tax bill by keeping the yacht in Newport. The … " - Kerry taxes yacht

Kerry taxes yacht

Solved Massachusetts Senator and one-time presidential - Chegg

Web27 jul. 2010 · Sen. John Kerry on Monday snapped at reporters and tried to dodge questions about his new $7 million, 76-foot yacht. On Friday, the Boston Herald reported … Web29 jul. 2010 · Sen. John Kerry on Monday snapped at reporters and tried to dodge questions about his new $7 million, 76-foot yacht. On Friday, the Boston Herald reported that the Massachusetts Democrat had berthed his yacht Isabel in Rhode Island and suggested he was seeking to avoid paying about $437,000 in sales tax and an annual …

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Web28 jul. 2010 · Sen. John Kerry, D-Mass., said he would voluntarily pay $500,000 in taxes to the state of Massachusetts for his new $7 million yacht after the state s Department of Revenue began looking into claims that he docked the new yacht in Rhode Island to avoid Massachusetts taxes. Web31 jul. 2010 · Is he or, is he not????? Sen. John Kerry skips town on sails tax - BostonHerald.com

Web30 jul. 2010 · Throughout the weeklong story, Kerry has insisted that he will pay whatever state taxes are owed —estimated to be $500,000 — on the yacht. Kerry has so far not … WebEssentially Mass is saying their taxes apply even if you sail into Mass once or twice and the boat is in rhode island 99% of the time. Most people would agree that if the boat is in Rhode Island most of the time and is in Mass on a few weekend sailing trips, it shouldn't be covered under Mass taxes. And keep in mind Kerry doesn't own the boat.

http://scaredmonkeys.com/2010/07/23/john-kerry-never-met-a-sails-tax-i-didnt-like-unless-i-had-to-pay-it-myself/

Web5 apr. 2024 · From 2002 through 2024, his tax records show, his company pulled a profit just twice. Overall, he deducted over $50 million in net losses over the years. In June …

Web27 jul. 2010 · Updated 5:03 p.m. Eastern Time. Massachusetts Sen. John Kerry has ridden into a storm of controversy tied to revelations last week that the senator registered his new yacht in Rhode Island, not ... is miss piggy frenchWeb6 dec. 2024 · Mass. Senator John Kerry was then docking his family’s new $7 million yacht in neighboring Rhode Island, allowing him to avoid paying roughly $500,000 in taxes to … is miss selfridge closing downWeb28 jul. 2010 · BOSTON Sen. John Kerry moved to end a controversy over his decision to base his new $7 million yacht in tax-free Rhode Island, informing the Massachusetts Department of Revenue on Tuesday that he would promptly pay taxes as if the vessel were docked in his home state. In a statement to The Associated Press, the Democrat said, … is miss scarlet on primeWebJohn Kerry To Pay $500K Tax On Yacht Kerry: "We intend to pay the equivalent taxes as if the boat’s home-port were currently in Massachusetts" You know, Kerry kinda forgets things, like whether he threw his ribbon/medals over the White House fence, who was President when he was "in Cambodia"in 1968, the Sampam incident and many is miss peregrine\u0027s appropriate for childrenWeb9 jun. 2015 · BOSTON (AP) — Massachusetts Sen. John Kerry is docking his family’s new $7 million yacht in neighboring Rhode Island, allowing him to avoid paying roughly … is miss fortune goodWeb23 jul. 2010 · Massachusetts Sen. John Kerry is docking his family's new $7 million yacht in neighboring Rhode Island, allowing him to avoid paying roughly $500,000 in taxes to his cash-strapped home state. If the Isabel were kept at the 2008 Democratic presidential nominee's summer vacation home on Nantucket or in Boston Harbor near his city … is miss stephanie crawford dill\u0027s auntWeb23 jul. 2010 · Massachusetts Senator John “I voted for it before I voted against it” Kerry seems to have finally met a tax he did not like. In this case its a “SAILS” tax, not a sales tax. John Kerry, the artful dodger. According to the Boston Herald, Kerry has avoided a six-figure state tax bill on his new multimillion-dollar yacht by mooring her in ... is missed a noun