Taxation

I live in Tennessee, buying a boat from a private seller out of state and going to moore it at a marina in Mississippi. Is the mooring state where I consider my taxation? From my research Mississippi does not tax boats purchased out of state from a private seller. Are there any property tax implications to consider? The boat will be USCG documented. Any help would be appreciated.

The mooring state should be where the boat is registered. Most states require if the boat resides there that it be registered there. Most states with sales tax also require a fair value be assessed to the boat and sales tax be rendered as a component of the initial registration. Some states imposed an "impact fee" but these fees have been disputed in court and are, for the most part, going away. CSCG documentation does not eliminate the state's registration requirement; only difference is the state's registration numbers are not required to be prominently displayed and there is no title issued by the state. There are differences between state to state but generically this is the story.