The Assessor uses various approaches to arrive at the value, including the purchase price of the vessel, improvements or upgrades that have been made to it, and the recent sales of comparable vessels in the open market. A recent, arm's length purchase of a vessel is considered to be a good indicator of its true market value.
Yes, because without all available information regarding the vessel's physical condition, an over assessment could result if you do not.
If the boat is registered to you in Tulare County and the registration does not specify that it is docked in another county, then Tulare County will assess it. If your boat is habitually docked in another county, we will cancel the assessment and also notify the county in which your vessel is located of that action.
Liability for vessel property taxes attaches to its owner as of 12:01 a.m. on January 1 each year (the lien date). The bill for the coming tax year is then issued to the owner of record at that time, and that individual is liable for the taxes even if the boat was sold soon after that date. Where the boat was sold just before the lien date (December 30, for example), the new owner would be liable for the new bill. If you were not the owner on January 1, but the bill was issued in your name, then you need to contact us.
This may have happened because the Assessor relied on information provided by the state DMV about the sale. In some cases, the state DMV does not allocate the value between boat and trailer and reports it as a single number to the Assessor. The trailer is subject to a vehicle license fee that includes in-lieu property tax and should not be otherwise assessed. If you think the Assessor may have inadvertently assessed your boat's trailer as part of your boat's value, please contact us.
Yes. That's because the Assessor needs to know: The date it was sold Who purchased the boat and is now the new assessee?
No, you must still fill out the report. Some, but not all, military personnel may be exempt from paying vessel property taxes under Federal Law (Soldiers and Sailors Relief Act), so the Assessor still needs to collect the information requested on the VOR.
Property taxes for boats are not collected through the registration fee, as they are with motor vehicles. Where automobiles are concerned, DMV registration fees do include both a registration fee and also what is known as an in-lieu fee for property taxes that is returned to local government in-lieu of a property tax assessment by the assessor. Though it may seem like you are being doubly-taxed, that is not the case.
A documented vessel is assessed at the "place of documentation" unless it is kept elsewhere and notice of this fact has been sent to the Assessor of the county in which it is documented. Temporary absences of a few months duration would not affect the situs of the vessel. If you feel your vessel is being improperly assessed in Tulare County, then you should call us and let us know
If, in a divorce proceeding, a spouse was given sole title to the boat prior to 12:01 a.m. January 1 (the lien date), then that spouse alone would be liable for the tax bill created for that lien date. If title passed to your spouse after January 1, the bill would be issued to the owner or owners of record as of that date and, if you were both owners then, the Assessor could not remove your name. If your spouse was awarded the vessel prior to January 1, but the bill was issued in both your names, then in order to resolve that problem, you need to contact us. You will also need to provide us with copies of those court documents which ordered the transfer to your spouse.
Yes. The law does not differentiate between vessels registered with the DMV and those "documented" with the Coast Guard, and both are subject to property taxation
Liability for vessel property taxes attaches to its owner as of 12:01 a.m. on January 1 each year (the lien date). The bill for the coming tax year is then issued to the owner of record at that time, and that individual, or their estate (if they are now deceased), is liable for the taxes. If the owner of record on the lien date is now deceased, you should contact the person or entity that is administering your relative's estate and bring the outstanding bill to their attention.
If you believe the market value of your boat is less than its taxable value on January 1, you can request a value review be performed by the Assessor’s Office. Our office welcomes any information and market data you are willing to share that can help us arrive at fair and accurate assessments. Your gross taxable value can be found in the upper right corner of your tax bill. Please compare this value to your opinion of market value before deciding if you would like to request a value review by the Assessor. Please include with your Request for Value Review application any information that supports your opinion of value. An application can be downloaded from the Assessor’s website, or you can call (559) 636-5159 to request one be mailed to you.
The California Constitution (Section XIII, Article 1) provides that all tangible property is taxable unless it is otherwise exempted by the Constitution or by the legislature. Household personal property was exempted in the 1950's, but privately-owned boats are still subject to property tax.