- Effective July 1, 2026, vessels classified under HS 8901 to HS 8908 will be exempt from sales tax.
- The exemption covers manufacturing, purchasing, importing, and repair/maintenance of these vessels.
- No refunds will be given for sales tax already paid.
Source: kpmg.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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