Monday, 16 February 2009

Spain boat tax

Unfair taxes - have you been affected by the recent heavy handed tactics employed by the Valencian Government, which at the latter part of last year sent out the troops to inpound all Foreign registered vessels over 8m that had been in Spanish waters for more than 6 months. The Spanish Government is apparently feeling the Global squeeze leaving it short of funds and they saw an easy target in the British Yachtsman forcing them to pay a 12% tax based on the value of their craft, the tax is applied under the guise of import tax, whatever happened to lowering the EU trade borders. Judging by the amount of revenue generated by these unfair taxes, is this the shape of things to come?

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