News Home Video Gallery Newsletters Cruising Int Photo Gallery
Sail-World.com : VAT on chartering a yacht in France to begin July 15
VAT on chartering a yacht in France to begin July 15


'Sailing in France - the good (read cheap) times have gone'    .

The French have taken their time to make the announcement, but now it's official. If you charter a yacht in France from now on you will have to be VAT on the charter.

Little more than two months after Sail-World published a story about the competitiveness of yacht charter in France because of the lack of a VAT charge, it has been suddenly brought in, with a mere 15 days notice to the industry.

The French tax authority has informed the European Committee for Professional Yachting that it plans to levy a value-added tax on yacht charters starting July 15, 2013. The announcement comes after the European Commission sent a formal request to France in November requiring the government to revoke a VAT exemption on yacht charters.

The Commission told the French that member states are not allowed to offer exemptions on luxury boats used for recreational purposes.

However, it has been reported by www.tax-news.com, the French government plans to offer a 50 per cent VAT reduction to current charters that are impacted by the ruling. That would subject them to a VAT rate of 9.8 per cent, rather than the headline rate of 19.6 per cent.

French tax authorities said they would provide further guidance in due course, but that the preliminary rules are outlined in the document, 'BOI-VAT-FIELD-30-30-30-10-20130625'.


by Nancy Knudsen

  

Click on the FB Like link to post this story to your FB wall

http://www.sail-world.com/index.cfm?nid=111363

2:04 AM Sat 29 Jun 2013GMT


Click here for printer friendly version
Click here to send us feedback or comments about this story.







Cruising USA



'Sailing Adventures in Paradise' by Vincent Bossley by Noonsite Reviewer/Sail-World,










Springtime Greening: Boaters Tips for Earth Day by BoatUS Foundation/Sail-World Cruising,








How sailors really do have a voice in the future of our oceans by Sandra Whitehouse, Sailors for the Sea,


Message-in-a-bottle record - 102 years by AFP/Sail-World Cruising,








Canadian solo sailor rescued north of Auckland by Sail-World Cruising round-up,




















Free online fuel spill course - how much do you know? by BoatUS Foundation/Sail-World Cruising,












Life-shattering event sends 'rookie' couple sailing the world by Asia News Network/Sail-World Cruising,




Sail Norway and Russia this summer - your own boat, or charter
Sunshine4kids' 'Fleet of Hope' sets off again
3,200-year-old boat found in Croatian waters
Product of the Week: the LineGrabber
Mediterranean Mooring - How to moor stern-to to a dock or quay
Canadian storm bomb threat - sailors advised: get off the water!
Sailing family condemmed for taking 3-year-old on circumnavigation
New contract-free plan for satellite communicator on your smart phone
Yacht of the Week: The Dashew creation: no sails, but eco-friendly
No laughing! Sailing mistakes I don't want to make
Destination: From Moscow Sea to the White Sea
Land sailors of India on adventure across the Rann
A Paint App to (almost) replace your marine store assistant
Volunteer Canadian rescue team homeless - any offers?
Hilary Lister and Nashwa Al Kindi set a new trans-ocean record
How to anchor and 'never utter a word'
Non-pyrotechnic flares for my boat - Can I or can't I?
Health benefits of sailing
Cruising in the Maldives - some nuts and bolts
ISAF Guide to Offshore Personal Safety for Racing and Cruising
Halyard Tension - a video   
Winchrite - for lazy days or extra muscle-power   
Researcher examines 'current leaks' that may change the way you sail   
Paris off to attempt to circumnavigate the world again   
Need a tow from that helicopter? - watch the video and don't laugh   
Certain oil spill products shown to be ineffective and toxic + Video   
The Constrictor: a powerful 'Queen' of sailing knots!   
Boat painting - simple but best tips   
'It's never just one thing' - Swedish sailors rescued   
Cruising Club of America celebrates outstanding sailors of 2013   
Book of the Week: From the Galley of...   
Two brave women to sail India to Oman across Arabian Sea   
Rhode Island's Classic Yacht Symposium - Registration opens   
Bad Karma as roving American cruising sailor fined in New Zealand   
Another rescue for second-time unlucky solo sailor   
New York to San Fran record attempt - Maserati reaches the Horn   
Finally the book:HMS Bounty, Disaster and Survival in Superstorm Sandy   
Yachts impounded in Mexico - the agony goes on...   
Students achieve robot boat Atlantic Crossing - but not as planned   
Endurance Award for cruising sailors, new worldwide award for 2014   


For this week's complete news stories select    Last 7 Days
   Search All News
For last month's complete news stories select    Last 30 Days
   Archive News







Sail-World.com  


















Switch Default Region to:

Social Media

Asia

Australia

Canada

Europe

New Zealand

United Kingdom


http://www.sail-world.com/event_images/image/Twitter_logo_small.png http://www.sail-world.com/event_images/image/FaceBook-icon.png  

United States

Cruising Northern

Cruising Southern

MarineBusiness World

PowerBoat World

FishingBoating World

 

Contact

Commercial

News

Search

Contact Us

Advertisers Information

Submit news/events

Search Stories/Text

Feedback

Advertisers Directory

Newsletter Archive

Photo Gallery

 

Banner Advertising Details

Newsletter Subscribe

Video Gallery

Policies

 

 

 

Privacy Policy

 

 


Cookie Policy

 

 



This site and its contents are © Copyright TetraMedia and/or the original author, photographer etc. All Rights Reserved.  Photographs are copyright by law.  If you wish to use or buy a photograph contact the photographer directly.
X6XL NEW Cru USA