Yachts and Malta – Tax, VAT and all that goes with it

Yachts and Malta – Tax, VAT and all that goes with it

The past few years have seen numerous published articles talk about Malta being the number one EU destination for maritime excellence. Many of these articles concentrate on the niche area of what makes Malta advantageous for commercial and pleasure yachting,

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A guide to Malta VAT leasing arrangements

A guide to Malta VAT leasing arrangements

Bordered by three continents and twenty two countries it is easy to understand why so many people choose to cruise around the Med’s hotspots.  However, there is one thorny issue that I am sure everyone would agree can burst the

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VAT update: changes to French Commercial Exemption

VAT update: changes to French Commercial Exemption

Dominion Marine discuss the recent changes to French Exemption for commercial yachts  Following the 2013 ECJ ruling against France and the French Exemption for commercial yachts, the French Authorities have produced new regulations BOFIP 1205-15. These regulations set out the

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The superyacht industry is changing

The superyacht industry is changing

Ken Griggs and Simon Roberts from Dominion Marine discuss the “VAT minefield” in Europe and the implications this will have on the superyacht industry. The pressure is mounting in the European Union for all member states to reduce their budget deficits.

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The New Russian CFC Rules – A Superyacht Perspective

The New Russian CFC Rules – A Superyacht Perspective

Quentin Bargate and Adam Ramlugon, Bargate Murray, look at the impact of the new Russian CFC Rules on the superyacht industry. For some time now, the Russian authorities have expressed concerns over the use of offshore structures by Russian corporations

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