Thursday, June 21, 2012

Bauza seek the abolition of registration tax of charter boats

The Nautical Association of the Balearic Islands (AENB) was present throughout the day in the Future VII of the Superyacht Conference, an event of great importance internationally attended by the elite of the marine industry to discuss and make networking. The conference focuses on legal, financial, tax, construction and design.

The president of the Government, Jose Ramon Bauza, was the first speaker after the presentation of the day. In his speech he announced his intention to seek the abolition of registration tax of charter boats. He does it because "it is necessary fiscal and legislative framework which we equate to other competitive markets such as France or Italy." He has also stated that "it is necessary to modernize and create infrastructure for location, maintenance and repair of mega yachts" to remain at the forefront in terms of services.
The president of AENB, Margaret Dahlberg, expressed his satisfaction with the words of support from Bauza has expressed his desire that the matter be carried to Madrid as soon as possible. Speaking to the media pointed out that this tax (levied by 12% the value of adding ships to VAT) applies only in Spain and this makes us less competitive. Dahlberg has lamented the number millionaire Balearic the private sector, the ship repair industry, car rental, catering, etc., is failing to win every season, especially at a time of crisis.

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