A drop to 5% of gross revenues in Tahiti’s charter tax has been reported by Etienne Boutin, heading up the Asia Pacific Superyachts Tahiti. ... read full story
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Reduced 10% VAT for overnight stays in Italian marina resorts
September 10, 2014
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The proposal to establish marina resorts as specific areas of ports reserved for the overnight stays of tourists on their boats was accepted a few months ago by the regions of Emilia Romagna and Friuli Venezia Giulia. Its inclusion in the Unblock Italy decree has finally opened the way to the application of the 10% tourist VAT, which will make berthing for transiting boats in Italy more desirable. ... read full story
Bachmann Marine appoints Gary Le Cras as Head of Yachting Services
September 08, 2014
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Bachmann Marine has announced the appointment of Mr Gary Le Cras as the Head of Yachting Services. ... read full story
CPS Schliessmann Wirtschaftsanwaelte counsels and accompanies entire transaction of 56m Perini Navi sailing yacht SELENE in all legal and tax matters
July 30, 2014
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The entire transaction of a recently delivered 56m Perini Navi sailing super yacht SELENE (ex PARSIFAL IV, SELENE) has been successfully counselled and accompanied in all legal and tax matters by the German commercial law firm, CPS Schliessmann Wirtschaftsanwaelte, with a specialised department 'TheYachtAttorney'. ... read full story
UCINA Confindustria Nautica: VAT at Italian luxury yacht marina resorts to be reduced
July 16, 2014
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Value Added Tax (VAT) paid at the luxury yacht marina resorts in the Italian regions of Friuli Venezia Giulia, Emilia Romagna, and Liguria will be reduced from 22% to 10%, as announced by UCINA Confindustria Nautica. ... read full story
Opening of SOS Yachting Croatia
July 15, 2014
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SOS Yachting has announced the establishment of SOS Yachting Croatia. This will focus on providing owners and their teams with VAT advice and support for operation within the waters of the lovely Croatia yacht holiday destination, positioned in the Eastern Mediterranean. ... read full story
Porto Montenegro set to reinforce its position as Adriatic’s leading luxury yacht homeport
July 04, 2014
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A lovely Mediterranean yacht holiday destination, Porto Montenegro is set to double its capacity to 460 berths by May 2015, with the potential to build up to 850 berths, in order to meet the increased demand from visiting yachts. ... read full story
US Virgin Islands’ Yacht Charter Industry and Economy expected to boost thanks to the new 2014 Coast Guard Reauthorisation Act
May 21, 2014
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U.S. House of Representatives has passed a new bill, which is bringing the Caribbean USVI yacht charter industry one step closer to regaining it’s leadership and will help to boost the local economy. ... read full story
SOS Yachting to open new office in Barcelona
April 10, 2014
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Financial yacht services provider, SOS Yachting, will be opening its Spanish office in Barcelona on Friday, April 11, 2014. This will be dedicated to providing VAT services to commercial superyachts chartering in Spanish waters. ... read full story
ICOMIA announces success at IMO MEPC 66: Tier III Implementation Delayed until 2021
April 04, 2014
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The International Council of Marine Industry Associations (ICOMIA) has proudly announced a great success achieved at today's 66th MEPC session in London: the implementation of Tier III for superyachts <500 GT has been delayed until 1 January 2021. ... read full story
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