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VAT attracts €3.2bn superyachts

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Almost 600 superyachts have taken advantage of the low VAT rate associated with the Malta flag, bringing an estimated €171.5 million in tax revenue over the past 10 years – not to mention income for ancillary service providers. A superyacht registered in Malta needs to visit the island at least…

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Click here to read the full story: Times of Malta

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