Tag Archives: yacht vat

Yacht Leasing in Malta – VAT Updates: Malta’s Response to EU Concerns

On 30 October 2020, the European Commission decided to close a number of infringement procedures initiated against Member States for not complying with the provisions of the Council Directive 2006/112/EC (“VAT Directive”). The VAT treatment of yacht leasing in Malta had been among the procedures undergoing examination. In this regard, the Guidelines regarding item 12, […]