VAT on superyacht charters in the European Union can represent a huge regulatory hurdle. Add Europe’s varying languages and local administrative rules and regulations to a busy charter season, and suddenly the directive can seem insurmountable. SOS Yachting is a leader in VAT representation, having served international clients for more than a decade. It works with more than 700 superyachts, processing nearly 2,000 charters in a given season. We asked SOS Yachting to share the most common questions and misunderstandings related to VAT on superyacht charters in the EU.
Source: megayachtnews.com
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