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Tag Archives: VAT

Reduced VAT On Charters In Malta

August 16 - Boat Tax Issues, Photo Gallery, Superyachts, Yacht Charter, Yachting Business
On the 29th July 2013, the VAT Department published guidelines in relation to the Malta VAT treatment of short-term yacht charters starting in Malta, which guidelines are largely similar to the interpretation which is ap...

French Yacht Charter Industry Reels From Tax Hike

July 24 - Boat Tax Issues, France, Mediterranean, Yachts
For many years, France’s yacht charter industry has had a competitive edge over other European charter yacht destinations thanks to a state initiative to exempt commercial vessels from paying VAT taxes. Many expected t...

Advantages and Procedures for The Registration Of A Yacht In Gibraltar...

December 17 - Boat Tax Issues, Gibraltar, Mediterranean, Photo Gallery, Superyachts, Yacht Registration, Yachts
Recent changes in legislation and a continuing improvement of facilities has led to an increased awareness of yacht registration in Gibraltar and an annual increase in the number of vessels making it their home port. So ...

France to comply with EU legislation for chartering commercial yachts

December 17 - Boat Tax Issues, France, Yachting Business
The EU commission stated on November 21 that VAT exemption on chartering yachts in France is not compliant with EU VAT rules. The notice, which requires France to take steps to remove the exemption from its tax legislati...

New Yacht Tax Changes in Cyprus

November 1 - Boat Tax Issues, Cyprus, Economy, Photo Gallery, Superyachts, Yachting Business
The Cyprus VAT Authorities have recently announced the implementation of a new Yacht Leasing scheme though the issue of Circular 163 which describes the VAT treatment to be followed. The new Yacht scheme makes Cyprus an ...

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