UCINA Confindustria Nautica: VAT at Italian luxury yacht marina ...

UCINA Confindustria Nautica: VAT at Italian luxury yacht marina resorts to be reducedJuly 16, 2014Positioned in the popular Mediterranean yacht charter destination – Italy, Emilia Romagna as well as Liguria are following the example of Friuli Venezia Giulia, where the implemental regulations for luxury yacht marina resorts have already been adopted, and are reducing the relevant Value Added Tax (VAT) from the standard 22% to 10%. In Italy, all hospitality businesses, regardless of the kind of hospitality offered, benefit from this reduction; but, until today, only stopovers and stays of yachtsmen on board their yachts were excluded.The fabulous Liguria yacht charter destination, nestled in ItalyThe plan to establish marina resorts within ports is meant to fill this void in particular. Moreover, the resorts will be able to …


Read More: UCINA Confindustria Nautica: VAT at Italian luxury yacht marina ...