All Legal, Regulatory & Compliance articles – Page 29
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European Boating Industry & MYBA The Worldwide Yachting Association in partnership
Organisations look to raise awareness of superyacht industry in Europe
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Michigan passes Sales Tax on the Difference legislation
The new law provides tax relief to new boat-buyers during trade-ins
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Spain amends tax for charter boats
Yacht charter market in Spain is now open to anyone to operate avoiding the payment of matriculation tax
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ETNZ America’s Cup win today means big returns for New Zealand marine industry
The head of New Zealand’s main marine trade association sees the win as a potential boon to superyacht builders
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Romania raises yacht excise duty
Imported sailboats will be taxed by length, while motorboats will be taxed by horsepower rating
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Brazilian boatbuilders urge government to reduce tax on boats
Sao Paulo Nautical Forum is claiming that due to variation in taxes between Brazilian states, boats built in Sao Paulo end up on average 7 per cent more expensive that those built in Santa Catarina and Rio de Janeiro
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Simpson Marine opens Kaohsiung office
Demand for yachting in Taiwan prompts Asia-based dealer to open third Taiwanese office
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Taiwan yacht builders appeal for end of luxury tax
A delegation of yacht builders meets with national legislators
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Hungary to impose 30-35 per cent VAT on luxury goods
The tax is expected to cover yachts, luxury cars and jewellery
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Spain to remove tax on charter boats
Government rules out 12 per cent levy on leisure boats over 15 metres operating in the charter sector
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France to levy VAT on yacht charters
The announcement comes after months of delay by French authorities
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BoatUS founder to retire after 47 years
Richard Schwartz, who launched the association 47 years ago, to retire in July
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Italian government announces tax reduction
The new measures are designed to kick-start the local market
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New initiatives to boost pleasure boat tourism in Sardinia
Reduced fuel taxes, lower VAT and investment in port infrastructure were just some of the measures discussed at this year's Satec conference
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Superyacht Australia clarifies misleading carbon tax information
Clarification provided by the Australian Taxation Office confirms that superyachts visiting the country to cruise recreationally are not subject to the carbon tax increase
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EC issues challenge to UK over red diesel
The European Commission has made a formal request to the UK government to update its legislation on red diesel for pleasure craft
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ASMEX - Conference strikes positive note as Australian superyacht sector looks to embrace new market challenges
Speakers highlight the need for a strategic advance by Australian firms into new markets, while strengthening those that already exist
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NMMA Canada releases economic impact study
The trade association says the marine industry has an economic impact of C$5bn, while supporting 67,000 jobs
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Viking receives MLC declaration of conformity
The company has been awarded the first MCA-audited ILO MLC2006 Declaration of Conformity to a Seafarer Recruitment and Placement Service within the UK