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Considering a superyacht? Think about VAT

If you want your yacht to circulate freely in the EU, it is important to note that Value Added Tax (VAT) is applicable in all EU Member States, albeit at differing rates. It is essential therefore, to obtain professional advice before you begin the purchase as you will need to consider whether you are placing your yacht into an appropriate structure that properly supports your yacht and minimises or eliminates exposure to VAT.

Source: superyachtnews.com

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