Sunday, June 30, 2013

MALLORCA TODAY - Boat matriculation tax to be scrapped

The highly contentious matriculation tax on yachts, which includes one on yachts of 15 metres or more that are intended for charter purpose, is to be scrapped. The government has finally seen sense in realising that no other country has such a tax and that it has been causing damage to the nautical industry. The report doesn't say when it will be eliminated.

See more: Diario de Mallorca

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