Florida agents expect a bonanza in unpaid taxes
Article Abstract:
Florida is launching a crackdown of big-boat owners who evade their sales tax. State officials said that the move would mean tens of millions of dollars of tax revenues for the state. The Department of Revenue (DOR) agents have listed 1,600 yacht owners whom they believe have paid little or no sales tax under a state rule which exempts them from the tax at purchase if they use the boats exclusively on rental or charter. Several audits in Palm Beach showed that some owners owed a couple of hundred thousand dollars each in back taxes and one owed $1 million.
Publication Name: Soundings Trade Only
Subject: Construction and materials industries
ISSN: 0194-8369
Year: 1998
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Florida marinas brace for settlement terms
Article Abstract:
Stricter regulation of boats and marinas may be the outcome of Florida's manatee suits, according to John Sprague, president of the Marine Industry Assn of Florida. A coalition of 19 environmental groups filed a lawsuit in Jan 2000 to force Florida and the federal government to intensify efforts for the protection of manatees from the increasing inroads of boats and coastal development into their sanctuaries. The lawsuit blames boats as a a major cause of manatee mortality, with 82 deaths registered in Florida from boat-related accidents.
Publication Name: Soundings Trade Only
Subject: Construction and materials industries
ISSN: 0194-8369
Year: 2000
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Florida boatyard awaits eminent domain ruling
Article Abstract:
The implications of amendments to eminent domain ruling that are being discussed by the US Congress and Florida legislature, are discussed. In this context, a US Supreme Court's judgment allowing the city to confiscate private property on the grounds of economic development is also discussed. These matters are important as Cracker Boy Boat Works on Florida boatyard is likely to be removed for a proposed $1.5 billion redevelopment project.
Publication Name: Soundings Trade Only
Subject: Construction and materials industries
ISSN: 0194-8369
Year: 2006
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