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
600.0180 Sportfishing Boats. Sales of sportfishing boats or tangible personal property becoming a component part of sportfishing boats for which a commercial fishing license is required are exempt from sales tax to the same extent as comparable sales involving commercial deep-sea fishing vessels. Similarly, the principal use of the sportfishing boat must occur outside the territorial waters of the state. 10/31/58.