2013 Vermont Statutes
Title 32 Taxation and Finance
Chapter 123 HOW,WHERE,AND TO WHOM PROPERTY IS TAXED
§ 3692 Taxation of boats, outboard motors, and trailer coaches
3692. Taxation of boats, outboard motors, and trailer coaches
(a) Except as otherwise provided, snowmobiles, trailer coaches as defined by 23 V.S.A. 4 registered yearly for use on the highways and designed and used for recreational purposes except as provided by subsection (b) of this section, canoes, skiffs, sailboats, motor or power boats, boats, outboard motors, or any combination of boat and outboard motor, shall be taxed as personal property only when held as stock in trade, manufacturer's inventory, or when used for income producing purposes, and in such cases shall be set in the list in accordance with section 3691 of this title.
(b) A trailer coach shall be taxed as real property by the town in which it is located notwithstanding subsection (a) of this section if it is situated in the town on the same trailer site or camp site for more than 180 days during the 365 days prior to April 1. A trailer coach shall not be taxed as real property if it is stored on property on which the owner resides in another dwelling as a permanent residence. (Amended 1959, No. 70, eff. April 1, 1959; 1961, No. 127, eff. April 1, 1961; 1971, No. 73, 5, eff. for tax years beginning after December 31, 1970; 1983, No. 162 (Adj. Sess.), eff. April 20, 1984.)
Disclaimer: These codes may not be the most recent version. Vermont may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
