sail-world.com
 
 
News Home Cruising Photo Gallery Video Gallery
Sail-World.com : Yachts vote with their keels and leave Italy
Yachts vote with their keels and leave Italy

'Something missing? It’s the yachts...'    .

As Italy enjoys its long summer holidays, something is missing. It's the yachts, especially the superyachts. Around 30,000 yachts have fled Italy this year, costing €200 million in lost revenue from mooring fees, port services and fuel sales, according to Assomarinas, the Italian Association of Marinas.

Tax inspectors, trying to reclaim unpaid taxes, are raiding marinas to do spot checks on yachts and sniff out tax evasion.

Uniformed officers of the Guardia di Finanza, or tax police, are performing on-the-spot checks, boarding boats and checking owners' details against their tax records.

The unwelcome attention has led many yacht owners to flee Italy's marinas for friendlier foreign ports, from Corsica and the Cote d'Azur in the west to Croatia, Slovenia, Montenegro and Greece in the east. Others are heading southwards, to Malta and Tunisia - where they can access their boats on low-cost budget flights from Italy for a fraction of the tax bill they might otherwise face.

'We've lost 10 to 15 per cent of our regular customers,' Roberto Perocchio, the president of Assomarinas, told the Telegraph in an interview. 'This is the worst crisis in Italian boating history. The authorities are using scare tactics and creating a climate of fear.'

He said the owners of one yacht in Rapallo, on the Italian Riviera, had put a notice on deck 'Have mercy. This boat has already been checked seven times.'

Other marinas agree. 'We've lost 40 boats in the last few months, all between 20 and 25 metres long,' said Giovanni Sorci, director of a marina at Rimini, on the Adriatic coast. 'Most went to Slovenia – in fact it is so popular that there's now barely a berth to be had there.

'It's absolutely right that tax evaders should be caught, but just because you own a boat doesn't mean you are dodging taxes. The authorities are obsessive. They don't just check you once – they come back the next day too.

'You have the police, the Carabinieri, the Guardia di Finanza, the Coast Guard... even the Forestry Corps are involved! No wonder people are leaving.'

'People don't know what the implications are for big yachts so they're choosing not to go to Italy or keep their boats there,' said Cecile Gauert, editor-in-chief of the US-based Yachts International Magazine. 'Boat owners will simply sail to the next friendly harbour if there's something they don't like.'

Yes, yacht owners have a unique advantage over shops, restaurants and other businesses: they can simply sail their assets away on the open sea.


by Sail-World Cruising round-up

  

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

http://www.sail-world.com/index.cfm?nid=99693

9:49 PM Sat 14 Jul 2012GMT


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







News - USA and the World





















































International Moth Worlds: Rashley ahead as Aussies close in by Mark Jardine / YachtsandYachting.com,














Six Metre Europeans - Wind fails to make an appearance on day 2
Edgartown Race Weekend - Let the sailing (and good times) begin
ISAF Youth Match Racing World Championship - Action commences July 23
International Moth Worlds - Mothballed on day 4 + Video
Spirits high as Team Alvimedica completes Transatlantic crossing
Gladwell's Line: A change of direction needed in the America's Cup *Feature
29er North American Championship - Day 1 in Kingston
Red Bull 49erFX: First look at the Olympic sailing venue at Rio
Fuerteventura Kiteboarding Grand Slam - Classic conditions on day 3
NYYC Race Week Part II images by Rolex/Daniel Forster
Drowning or electric shock? What you need to know to help save a life
BIC Techno 293 Worlds 2014 - Day 1
Six Metre European Championship - Blazing sunshine on opening day
National Sailing Hall of Fame to present Lifetime Achievement Award
International Moth Worlds: Greenhalgh and Rashley tied at the top
PWA Pozo World Cup - Fantastic finale determines winners
Six Metre Class British Open Championship - Llanoria and Valhalla win
Anna Tunnicliffe set to compete at the CrossFit Games
America's Cup: Oracle Team USA holds foiling camp at Wangi SC
Volvo Ocean Race: Abu Dhabi OR completes double Atlantic crossing
Volvo Ocean Race: Team SCA has a 'pull through day' off the Canaries   
No tiller sailing - how to steer using just the sails + Video   
International Moth Worlds: Three bullets in a row for Greenhalgh   
U.S. Junior Women’s Singlehanded Championship - Sophia Reineke wins   
BIC Techno 293 Worlds 2014 - Day 0 Opening   
Fuerteventura World Cup - Slalom action highlights day 2   
2014 Governor's Cup - Sam Gilmour of RFBYC victorious again   
Farr 40 West Coast Champ - Skipper Alberto Rossi leads Enfant Terrible   
Flying Dutchman World Championships - Magyars are the Masters   
Final day shakes up standings at Cape Panwa Hotel Phuket Raceweek   
2014 -15 Volvo Ocean Race: Team Alvimedica pushing towards Southampton   
NYYC Race Week - Saving the best for last   
VX One North American Championship - Chris Alexander commands   
2014 Cape Panwa Hotel Phuket Raceweek - Waiting game on Day 3   
International Moth Worlds: Thunderstorms delay racing on Day 1   
Fuerteventura World Cup - Impressive tricks on day 1   
2014 Governor's Cup - Two former winners in the finals   
America's Cup: Iain Murray explains reasons for Australian withdrawal *Feature   
Wilson and Roble remain number one match racers in U.S.   
2014 ISAF Youth Match Racing World Championship - Set to start   


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  http://www.sail-world.com/event_images/image/RSS-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.
XLXL NEW US
LocalAds   DE  ES  FR  IT