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Large yachts flee big tax bills

Like birds sensing the approach of winter, large yachts that summered in Charleston, S.C., have begun their seasonal southern migration, partially to avoid large tax bills that would arrive if they were to linger in South Carolina waters.

While every little boat on a backyard trailer draws a tax bill in South Carolina because they're registered there, the yachts registered out-of-state don't get a bill under state law unless they're in Charleston County waters for 180 days.

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