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Feb. 10, 2021 |  BlogCustoms & Tax

THE VAT PAYMENT PROCEDURE IN FRANCE

Have you ever considered a customs scheme that would entail no obligation to respect the 70% rule, no obligation to pay for ...

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Jan. 20, 2021 |  BlogCustoms & TaxYacht audit & litigation preventionOther yachting regulations

YMCA SERVICES 2021

YMCA wishes you a very happy new year !   We would like to inform you that we are expanding our services for the coming ...

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Jan. 19, 2021 |  BlogCustoms & TaxYacht audit & litigation prevention

BREXIT CLARIFICATIONS

Our understanding regarding the consequences of Brexit over yachting is the following: VAT paid yachts outside the European Union at the end of 2020 ...

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Dec. 7, 2020 |  Blog

Clarifications regarding the date of entry into force of the provisions repealing the VAT lump-sum reduction for charters starting from France

There has been a clarification (rescript from 4th December 2020 https://bofip.impots.gouv.fr/bofip/12624-PGP.html/identifiant=BOI-RES-000080-20201204) from the French tax authorities regarding the cancellation of the VAT lump ...

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Nov. 9, 2020 |  Blog

Yachts are not pleasure vessels according to French maritime regulations

French decree (issued by the Préfecture Maritime de la Méditerranée) from November 2nd 2020 prohibits most nautical activities, including pleasure vessels, from navigating in ...

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Nov. 9, 2020 |  Blog

END OF THE 50% FRENCH VAT REDUCTION ON CHARTERS CROSSING INTERNATIONAL WATERS

A ruling from the French tax authorities has been published on November 6th 2020. It states that the automatic 50% VAT reduction ...

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