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The Italian VAT regime on the Leasing and Chartering of Pleasure Vessels

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The Italian government  has made several changes in recent years to the territorial scope of VAT rules on the supply of services relating to leasing and chartering of yachts (the “VAT Territoriality Rules”), in order to make them user-friendly and compliant with EU law. "The new amendments have been acted…

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Click here to read the full story: Watson Farley & Williams LLP

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