Advisory information from the Yacht Charter Association for The Balearics

Monday, 5 July 2010

Against the background of wide global press coverage regarding fiscal / tax problems for boat owners and charterers in the Balearics just recently, the leading charter management companies on the islands which are amalgamated under the Balearic Nautical Business Association (AENB) have issued the following information. Read More

Florida boat sales tax cap goes into effect on July 1, 2010

Friday, 4 June 2010

In what amounts to a major victory for Florida’s struggling marine industry, a measure limiting the sales-use tax on boat purchases now is poised to become law. Florida Governor Charlie Crist signed the larger Jobs for Florida Bill, CS/SB-1752, which contains the Florida Boat Sales-Use Tax Cap legislation on May 28, 2010. Read More

New rules for harbour master formalities in Italy

Thursday, 3 June 2010

As a result of the intensive collaboration activity with Federagenti (The Association of Italian Shipping Agents) on the 18th May 2010, the General Management for Sea Freight Transport of the Ministry of Transport has informed the Italian Harbour Master’s Office in Rome of the new procedure about the Harbour Master’s formalities regarding arrival and departure of Italian, European and Non-European commercial yachts or pleasure vessels. Read More

The Italian Job – the Financial Police get tough on Yacht Owners

Wednesday, 2 June 2010

Quentin Bargate, Senior Partner of the City law firm Bargate Murray and head of the Superyacht Group comments on the recent seizure of superyacht Force Blue and how yacht owners and managers can protect themselves Italy and superyachts seem to mix less well than oil from a leaking BP platform and water at the moment. Read More

Superyacht Force Blue Seized by Italian Customs

Monday, 24 May 2010

Force Blue was seized by Italian Customs Officers early on Friday morning in La Spezia. Officers from the Guardia Di Finanza took control of the vessel with the authority of a local prosecutor. The claims made against the vessel’s owners,  state that there is outstanding VAT owing which should have been paid on fuel used. Read More

Boat sales tax cap passes Florida state legislature

Monday, 17 May 2010

The Boat Sales Tax Cap passed the Florida State Legislature as part of the larger Jobs for Florida Bill, CS/SB-1752, on Friday, April 30, 2010 – the last day of the Legislature’s current session. It now moves on to Governor Charlie Crist, who voiced his support for the Florida Jobs Bill. Read More

VAT officer Grant Atchison joins Moore Stephens Yacht Team

Wednesday, 10 October 2007

Former VAT and Customs Officer, Grant Atchison has joined Moore Stephens Yachting, part of the Moore Stephens Isle of Man group which includes management consultancy, assurance, trust and company administration and financial services. Read More

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