Income Tax on Non EU owned charter yachts in Spain

The amendment of matriculation tax law in 2013 signaled a relevant change for charter operations in Spain: the possibility for non EU flagged vessels to be licensed in the Balearics, this change will allow not only EU but Non EU flagged vessels to operate from the Balearic Islands

Read more: http://www.superyachttimes.com/editorial/60/article/id/13866