Proposal for extending ‘mat tax exemption’ to EU flagged charter yachts operating in Spanish waters
The following announcement from the Ministry of Development in Madrid on June 28 brought with it great promise that the massive ball and chain may soon finally be released from the ankles of Spain’s nautical tourism revenue expectations.
Published 11 years ago, updated 6 years ago
“The Ministry of Development has proposed to The Ministry of Finance and Public Administration the amendment of the Special Tax on Certain Means of Transport (IEDMT), known as “registration” or “matriculation” tax. This would be incorporated into a parliamentary act enabling the elimination of the IEDMT which applies to recreational boats over 15 metres in length intended for commercial exploitation.”
See the rest of this report published August 14th, 2013 by Peter Franklin at http://www.marinalive.gi/2013/08/14/less-taxing-times-in-spain/
Related to following destinations: Spain
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