To: Bon mots
He’s a tax evader for sure, but the yacht is technically owned by an LLC in Pennsylvania. That’s Mama T’s legal residence for tax purposes.
To: Andy'smom
Hes a tax evader for sure, but the yacht is technically owned by an LLC in Pennsylvania. Thats Mama Ts legal residence for tax purposes. It doesn't matter who owns it, the Jones Act is crystal clear in that any boat which sails between any two US Ports must be:
- Built in the USA
- Registered in the USA
- Staffed by an American crew
Exemptions are available for boats that carry less than 6 and 12 passengers. Highly unlikely for a multi-million dollar 75 footer.
My case is about the Jones Act angle, not the tax angle.
25 posted on
07/25/2010 10:04:38 AM PDT by
Bon mots
("Anything you say, can and will be construed as racist...")
To: Andy'smom
Hes a tax evader for sure, but the yacht is technically owned by an LLC in Pennsylvania. Thats Mama Ts legal residence for tax purposes.Great! I'd like to see Kerry continue to use all of these excuses to defend his buying a foreign built boat and birthing it in another state to avoid paying taxes. Legal maneuvering or not, Massachusetts voters will see Kerry for what he is.
26 posted on
07/25/2010 10:04:47 AM PDT by
VeniVidiVici
(Unemployment has DOUBLED since the Democrats took control of congress)
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