Further explanations given by the Resolution no° 6/E from the 16 January 2018 on: NON-TAXABLE REGIME 8 BIS FOR YACHTS TO BE USED FOR CRUISING IN HIGH SEAS

The Tax Authority (Agenzia delle Entrate) has after one year from the Resolution n°2/E 12th of January 2017 and after several requests of clarification from Italian Association ( UCINA ) issued further clarifications on the VAT regime for yachts to be used in high seas.

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Moores Rowland Partners – High Seas_Resolution_2018