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MT Vehicles Article Resources

3 Benefits Of Owning A Montana LLC To Purchase Boats Or Yachts

Posted by MT Vehicles on Jul 23, 2018 11:25:25 AM

Are you thinking about buying a yacht or boat to enjoy this summer? If so, you’re probably most looking forward to getting out on the water and spending time with family and friends.

What you’re probably not looking forward to is the amount you’ll owe in sales tax on your purchase. Find out how to say “goodbye” to sales tax and take advantage of other great benefits. Here are 3 reasons why owning a Montana LLC is a smart idea if you’re planning to purchase a boat or yacht.

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Topics: Montana LLCs, Vehicle Registration, No Sales Tax State, Boat Registration, Yacht Registration

Register Your Yacht In Montana And Pay No Sales Tax

Posted by MT Vehicles on Jun 28, 2018 10:57:13 AM

A yacht is every water lover’s dream. It offers luxury, comfort, space, and living accommodations to take an extended vacation away from the cares of life. For those who have the means to purchase a yacht but are also money savvy buyers, we’d like to introduce you to the concept of starting a Montana LLC.

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Topics: Montana LLCs, Vehicle Registration, Moveable Property, No Sales Tax State, Boat Registration, Limited Liability Corporation, Travel

How A Montana LLC Is A Boat Lover's Dream Come True!

Posted by MT Vehicles on Aug 18, 2017 3:51:57 PM

Montana has no sales tax. The law in Montana allows entities to register a sales tax-free automobile in the state. Montana law does not technically require shareholder agreements. The extent to which a small company is mandated to pay income tax in Montana depends on its income. For instance, a corporation pays double taxation—the company must pay corporate license tax (income tax) in Montana, as a legal entity and shareholders are required to pay personal income tax on dispersed dividends. A Montana LLC on the other hand only pays income tax.

 

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Topics: Montana LLCs, Vehicle Registration, Boat Registration

Sail Your Yacht Into Summer Savings With A Montana LLC

Posted by MT Vehicles on Jul 26, 2017 2:08:32 PM

Yacht buying has become common. This doesn't come as a surprise especially since it has become a rather vital accessory for people that just want to have a little bit of peace away from homes in their private sanctuaries. Nevertheless, despite the fact that yachts have become an almost integral part of our vacations, the decision of purchasing one is not always as easy as it may appear. It often involves looking into factors that are at the core of the yacht's performance at the end of it all.

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Topics: Montana LLCs, Vehicle Registration, Boat Registration

Summer Fun USA! Save On Boats And Water Crafts All Year Long!

Posted by MT Vehicles on Jul 13, 2017 10:18:34 AM

It can be about summer fun USA all year long while doing business in the great state of Montana. Montana is one of the few states besides Alaska, Oregon, Delaware and New Hampshire in the USA today without a general sales tax. The objective is to make it cheaper for people to purchase products. The state relies on income taxes to counter balance its budget to run its affairs. This means with an LLC in Montana you can save on your summer toy purchases all year long! 

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Topics: Montana LLCs, Vehicle Registration, Moveable Property, No Sales Tax State, Boat Registration, Water Craft Registration