In the world of luxury assets with elegant yachts gracing the seas and awe-inspiring sights of aircraft soaring through the skies, a fascinating journey unfolds. However, in this world of lavishness, those involved are also dealing with less glamorous concerns including the intricate matter of Value Added Tax (“VAT”). This article delves into the influence of EU VAT on luxury yachts and aircrafts (hereinafter “Asset”), with a view of untangling the complex details for clearer understanding.
Source Zampa Debattista
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