The Isle of Man Ship Registry 2010 report shows growth in the superyacht sector. For more details download the report here: The Isle of Man 2010 annual ship registry report. In every bay where superyachts group to berth or drop anchor, Manx-registered vessels are becoming ever more prevalent. Where once only one or two flags adorned... ... read full story
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Bahamas to develop a dedicated superyacht registry
March 03, 2011
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Superyachts that frequent The Bahamas are familiar with the duty-free and/or flag-state services they offer - now the Bahamas are developing its own dedicated superyacht registry. While superyachts have been able to register under the Bahamian flag for some time, they were technically grouped under the ship registry. However, according to The Bahamas Maritime Authority, the megayacht ranks have been growing to the point that a separate structure seems more logical. ... read full story
Charter Superyachts Receive new Spanish Canary Islands Registry Tax Exemption
March 02, 2011
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A tax exemption for superyachts listed with the Canary Islands Special Registry and has recently been agreed by the Spanish government. The official announcement on Spain yacht charter tax follows a series of meetings with the yachting industry and Canaries Registry officials. It was made in response to a binding legal consultation with the Spanish... ... read full story
Changes in French VAT Exemption for Commercial Vessels
January 18, 2011
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France has published a change in its VAT law and policy relating to commercial vessels. Published as Article 70 of Law No 2010-1658 of 29 December 2010 amending Article 262 of the unified French Tax Code, the Code Général des Impôts, the change now limits VAT exemption only to those commercial vessels operating on the high seas. ... read full story
PGI’s breakfast briefing on Italian Superyacht Law and Tax
October 12, 2010
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PGI and Superyacht Events' breakfast briefing from the 2010 Monaco Yacht Show: "Superyachts: Italian Tax and Legal Issues. The lessons we have learnt and how to be safe in the future" ... read full story
Isle of Man Yacht Forum members at the 2010 Monaco Yacht Show
September 10, 2010
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About one hundred Isle of Man Yacht Forum members will be attending this years Monaco Yacht Show. ... read full story
France Commercial Yacht VAT Exemptions Challenged by EU
July 28, 2010
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The European Commission has now formally requested that the French change their VAT legislation which grants VAT exemption for some transactions involving superyachts potentially affecting commercial charters. ... read full story
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