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Resource ID: #22054
Subject: Boats
Source: Seattle Post-Intelligencer
Affiliation: 
Date: Nov. 10-12, 2004

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Description

This investigation exposes the various loopholes that allow yacht-owners to lower or avoid the taxes they incur by buying luxury boats. Some of the ways people avoid taxes are declaring their yachts as a second home, using charter arrangements and buying yachts offshore to avoid state sales tax.

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