Tax & Accounting Blog

France – Charter Your Yacht Before August

Indirect Tax, ONESOURCE, Transaction Tax April 24, 2013

If your summer plans include chartering a yacht in the Côte d’Azur you will want to book now to avoid paying VAT on these contracts. Over the weekend the EU Commission decided to delay a decision on the legality of French proposals for a VAT exemption on charter contracts. Until a decision is reached, which is not expected before August, charter contracts can still be entered into without the addition of VAT.

Source: and