Legal & VAT Yacht Issues Luxury Yacht & Superyacht News

Legal & VAT Yacht Issues Luxury Yacht & Superyacht News

Charter Superyachts Receive new Spanish Canary Islands Registry Tax Exemption

March 02, 2011

Written by Mike Smith

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

Written by Chelsea Smith

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

Written by Eva Belanyiova

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

Written by Eva Belanyiova

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

Written by Mike Smith

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

Quick Enquiry

Share on FacebookShare on Twitter