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Understanding VAT in Yachting

While the intricacies of transactions involving the purchase, sale, and financing of transportation means, like yachts and aircraft, are manifold, the analysis and treatment of Value Added Tax (VAT) is paramount. It often influences the strategies surrounding ownership, acquisition, and chartering.

In summary, for peace of mind and sound legal advice regarding VAT in Spain, always entrust transactions to suitably qualified and experienced professionals. With the right guidance, you might find that VAT is not as labyrinthine as it first appears.

Source: www.superyachtnews.com

 

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