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AMENDMENT ACHIEVED: FULL EXEMPTION FOR NON ITALIAN YATCHS
Genoa - march, 2013
During the last weeks the Italian marine industry delegates worked to achieve an amendment to the text of the law on yachts proposed by the new government.
The good news is that the proposed amendment was signed and approved yesterday.
Here the list of the achieved amendment’s points: Full exemption for foreign owned yachts and for commercial yachts. Application tax only to Italian owned yachts even if having foreign flag. The tax will be an ownership tax and will be calculated on annual basis depending on vessels LOA.
These very important results represent the importance that the Italian government recognizes to the nautical industry.
Legislative procedures should come to an end shortly and we will send you some further updates as soon as possible.

Progetto cofinanziato con le risorse del POR CRO Regione Liguria 2007-2013.
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Via dei Pescatori - 16128 GENOA - ITALY
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Fax: +39 010 2470552
Email: amico.yard@amicoshipyard.com
V.A.T. 03249970108
by ACTIVEMEDIA®

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