Italy: Sales Taxes: VAT, GST

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Article
Yachts: Recent Developments On The Tax Front
The Italian Revenue Agency has issued a significant ruling clarifying that VAT exemption and customs duty relief for personal property imported during a transfer of residence to the EU may apply even when assets are held through foreign corporate vehicles. This guidance addresses critical questions about possession requirements and asset use for high-net-worth individuals relocating to Italy with pleasure yachts and other personal assets.
Italy Tax
WL
Withers LLP
Article
The Most Common Flag Registration Jurisdictions: Key Advantages, Disadvantages, And Tax Implications
The choice of flag for yacht registration has evolved from a simple administrative decision into a complex strategic consideration affecting tax efficiency, operational flexibility, and regulatory compliance. With Italy's recent Ddl Mare reform introducing new scrutiny for foreign-flagged vessels and jurisdictions like Malta, the Cayman Islands, and the UK each offering distinct advantages...
Italy Transport
WL
Withers LLP
Article
Yacht Seized In Italy? How To Challenge A Customs Assessment And Protect Your Rights
Italy is one of the world's leading destinations for luxury yachts. Every year, thousands of vessels sail through Italian waters, berth in prestigious marinas and enjoy the Mediterranean coastline. Alongside this thriving maritime sector, however, Italian customs authorities have significantly increased inspections involving foreign-flagged yachts, imported vessels and cross-border maritime operations.
Italy Transport
AS
Arnone & Sicomo
Article
The Reform Of Italian Football: Initial Remarks On The Latest Draft Bill
Italy's football system faces a critical juncture following three consecutive World Cup qualification failures, prompting a comprehensive draft bill that targets structural reforms across agent fees, transfer guarantees, and youth development. With the sector generating over one billion euros annually yet burdened by €5.5 billion in debt, the proposed legislation seeks to transform Italian football from a cost center into a competitive asset for future national teams.
Italy Media & IT
WL
Withers LLP
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