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Italy VAT Update: Flat-rate tax reductions may still apply to yacht charters in Italy this summer

New legislation to change the VAT application for yachts chartering in Italy did not come into effect by the February 29 deadline, so it is believed that charterers can continue to apply old legislation and benefit from lump-sum VAT reduct...

1 April 2020

Brand new to the Mediterranean charter fleet: 33m PENELOPE
Brand new to the Mediterranean charter fleet: 33m PENELOPE

Currently in the final stages of construction at Ferretti’s facilities in Ancona, Italy, the 33m/108ft motor yacht PENELOPE will be joining the charter fleet for the 2020 Mediterranean season.

6 February 2020


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