VAT Treatment of Long-Term Yacht Leasing | KPMG | Malta

VAT Treatment of Long-Term Yacht Leasing

VAT Treatment of Long-Term Yacht Leasing

The yachting industry is an ever growing industry in Malta. In terms of guidelines issued by the Maltese VAT office, the overall VAT incidence incurred on the acquisition of a yacht can be reduced substantially depending on the size and means of propulsion of the yacht.

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