French boat leasing tax changes met with surprise

The French boating industry is at odds with a change in the application of VAT rules on pleasure boats purchased for hire with an option to purchase, which will impact boat rentals as well as boat purchases financed through leasing arrangements.

The French government announced a change in the VAT rate applicable to pleasure boats purchased for hire with an option to purchase, which will impact boat rentals as well as boat purchases which are financed through leasing arrangements.

Subscribe to IBI Plus

Subscribe to unlock this article

Keep reading for
£1 a week

Subscribe today for just £1 and enjoy unlimited access to
every article and story at ibinews.com and in the daily newsletter

With IBI Plus, you’ll enjoy:

+Unrestricted access to all subscriber-only content
+Explore 50,000+ archived articles and stories
+Tap into 50+ years of global boating insight
+Access exclusive market and company data to find out where your business stands
+Read sector and country reports across established and emerging markets