Dear reefhunter,
Please re-read my earlier post. The Mendoza family are Venezuelan nationals that own boats/airplanes which are flagged in the US or other foreign countries.
You also mention that you "heard" that they departed. What is your source of information. Hearsay is HEARSAY!
I do not know for sure but I bet you might find them in St. Thomas enjoying the bite there.
The past law allowed you to stay (maximum) in Venezuela for THREE 6 month terms with a FOREIGN flagged vessel. After your stay you either have to nationalize (pay duty) or leave the territory for 45 days. After 45 days, you returned for another 18 month stay.
It is a very generous law regarding luxury boats.
The tax used to be 1.5%. The government now wants 35%.
I remind you that it applies to Venezuelan citizens.
So please tell me what is the problem?
I am not familiar with the US laws between states and their tax laws but it is very similar.



LinkBack URL
About LinkBacks
Reply With Quote