Laws, Regulations & Annotations
Business Taxes Law Guide – Revision 2013
Sales and Use Tax Annotations
600.0000 WATERCRAFT—Regulation 1594
(c) COMMERCIAL DEEP SEA FISHING OPERATIONS
600.0140 Overhauling Before Use. If the only storage and use of a vessel in California is for the purpose of overhauling it before use in commercial deep sea operations outside the territorial waters of the state, such storage or use is not subject to tax. The fact that the vessel is documented ("registered" for foreign trade or "enrolled" for domestic commerce) is merely evidence that it may be used for their foreign or domestic traffic. 11/15/57.