Saturday, March 21, 2015

The Balearic nautical sector criticizes the tax increase on recreational boats

The tax increase on recreational yachts, approved by the Ministry of Public Works, was criticized today by the Association of the Balearic Yacht Clubs (ACNB) as being “unjust” and very negative for the competitiveness of the sector.

According to a statement by the president of ACNB, the association has sent a letter to the minister Ana Pastor, asking her to reconsider the increase of the tax. This request is backed up the Association of Marinas and Nautical Installations in the Balearic Islands (ANADE), The Balearic Sports Marinas (PDBA), the Provincial Association of Companies Engaged in Maritime Activities (APEAM), the Nautical Trade Association of the Balearic Islands (AENIB) and the Mediterranean Sailors Association (ADN).

The letter underlines the damage the nearly 100% tax increase would cause to the marinas, yacht clubs, nautical companies and charter companies as well as the whole tourist sector in general. The associations also complain that the decision has been made without hearing all parties affected.

“This fact alone should be sufficient reason for you to rethink this measure against the sector that has been a loyal ally of the country in these difficult times, maintaining with great effort their work force and fighting to produce services that contribute to the creation of jobs and wellbeing”, state the signatories of the letter to the minister Pastor.

They also point out the contradiction between the measure taken by the Ministry of Public Works and “the messages of support to the nautical sector by the president José Ramón Bauza”.

Read complete article (in Spanish) at Finanzas.

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