Fiscal laws related to the use of pleasure boats for commercial purposes, do not require any further duties provided by the article 2 of the Legislative Decree 171/2005 in relation to their registration in the international register.
Therefore, the further requirement demanded by the Tax Authorities - consisting in the registration in the international register of the pleasure boats so that their commercial use can be recognised and, consequently the fact that these are VAT exempt - is completely incorrect.
According to the VAT legislation, the enrolment on the international register is not necessary to qualify the activity in terms of commercial or non commercial use. |