SuperyachtIndex Press Releases
After Spain joined the European Union in 1985, VAT became applicable on the supply of means of transport at a luxury rate of 33% tax. This luxury rate was reduced to 28% in 1992. The same year 1992 after the VAT harmonization that capped the standard Span…
Press Releases 22 Feb 2021
It is well known among yacht professionals and especially those involved in superyacht chartering that the VAT regime in Spain has been always particularly tough. Spain, unlike other surrounding countries, as France or Italy, did not implement in National…
Press Releases 15 Feb 2021
Working onboard a superyacht is a challenging job in normal circumstances. On top of managing guest profiles, itineraries and needs, captains and crew now have the additional task of mitigating the well-known risks of a pandemic. For some vessels the em…
Press Releases 11 Feb 2021
