​We use cookies to provide the services and features offered on our site and to improve the experience of our users Cookies are data that are downloaded or stored on your computer or any other device.

By clicking on "I accept" you agree to the use of cookies. You can always disable them later. If you delete or disable our cookies, you may encounter interruptions or problems accessing the site. "

"We use cookies to help us better understand how the site is used and by continuing to use this site you agree to this policy."

What's new

Home / What's New / Whats new detail
It's official - no change to VAT rules on charter
New VAT rules withdrawn in France and Monaco
On March 30, the French Tax Agency formalized the announcement made by FIN, the French Federation of Nautical Industries, on 25 March. The report simply stated that on account of the circumstances resulting from the present health crisis, the new provisions regarding how VAT will be assessed on charter fees have been withdrawn.

As a result, the existing provisions regarding the payment of VAT (that should have expired today) will continue to remain in force until further notice in France and Monaco. 

We do not yet know if Italy intends to follow france's lead. We are waiting for information and will keep you posted.