The fifth edition of the Fiscal Meeting organised by SOS YACHTING took place on September 24 at the Hôtel Hermitage in Monaco within the framework of the Monaco Yacht Show.

SOS YACHTING 2Miguel Ángel Serra participated on the panel at the meeting in representation of the Firm, together with Dorijan Dujmic, Manager at BWA Yachting (Croatia), Thierry Voisin, President of ‘European Committee for Professional Yachting’ (ECPY, France), Ezio Vanucci, Partner at Moores Rowland Partners (Italy) and Mike Stones, CEO ‘The Superyacht Investor’ (London).

Our Partner discussed with the attendees the latest news and updates of Fiscal and Customs issues regarding chartering in the Mediterranean: EU Infringement proceedings related to the Yachting sector, Charter under Temporary admission in EU waters, Returned Goods relief and news about the additional 25% Customs duties on US built yachts, Brexit and charter of British flags/red ensigns and, finally, new regulations and trends for the 2020 charter season.

The event brought together more than one hundred and fifty attendees, including representatives of major European shipyards, shipping registers, management companies, brokers, lawyers, financial institutions and insurance companies.