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Gibraltar – The Rock is Shifting Somewhat

At the entrance to the Mediterranean Sea is Gibraltar. The Rock. The Strait. Yachts on transatlantic or European routes refuel [...]

Zero Rating of Yachts Providing Passenger Transport in the UK

The UK is no longer such a “cold” zone to commercial yachting after all. In fact, superyacht charter activity has [...]

France’s “War on Luxury” is fuelling concern

France is navigating a significant shift in its relationship with the luxury sector. The most direct "administrative shift" comes from [...]

Why Yacht Transactions Often Create Significant VAT Challenges

Yacht deals may look sleek and straightforward, but when it comes to VAT, they’re anything but smooth sailing. The combination [...]

Of fixed points and counterpoints

EU VAT is not unique in having fixed rules which then make allowance for reasonable variances. The system has points […]

Step into the VAT digital mile

The European Commission, the EU’s Executive, has three projects that are bound to shake up the VAT affairs of all […]

Where Flag Matters

It’d better be a good one – the Flag is truly a vessel’s passport to sail the world. But Flag […]

Why the ‘passenger’ and ‘commercial’ vessel distinction fails for VAT purposes

In the real world of VAT, the ‘passenger’ and ‘commercial’ vessel distinction dissolves into insignificance. It sounds like a counterintuitive […]

“Lumpsum” Reduction Of Italian Charter VAT – The Bitter Aftertaste

“Given the objective difficulties of accurately tracking the movements of vessels in international waters and in EU territorial waters…presumptive percentages […]

The FCE’s Journey to reality

To its detractors it is a failed experiment in legal fiat within an EU Member State, but its supporters counter […]

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