The European Union's VAT tax and yachts: The EU's Value Added Tax (VAT) is a consumption tax collected by each member state's government. VAT is required on yachts imported into the EU and yachts purchased by EU owners who use their yachts in the EU.

Any boat regardless of country that…

When it comes to boats, you'll see a variety of vessels navigating the waterways. However, they won't all be referred to by the same terms. When a boat owner has a yacht, for example, it might be a source of pride.

The word "yacht" conjures up a specific image in most people's minds—often…

When it comes to boats, you'll see a variety of vessels navigating the waterways. However, they won't all be referred to by the same terms. When a boat owner has a yacht, for example, it might be a source of pride.

The word "yacht" conjures up a specific image in most people's minds—often…

You'll almost certainly need a boat registration if you plan to travel the world with your newly purchased boat, yacht, or jetski. You can't put off registering your boat because you won't be able to enjoy yachting if you don't. This registration allows you to go to several popular nations and locations nearby. After you've registered your yacht, you won't have to pay any additional taxes or fees. Many advantages of registering your…