Originally Posted by Sailorcanuck
"Hi Bob, well, technically yes, VAT is paid, but the laws have been changed over there now and the new laws (as of a couple of years ago) are that even if a boat has had its VAT paid, if the boat changes hands OUTSIDE of the EU, the VAT is due again when the boat returns!
The law is not that new, at least 10 years (and I suspect then some).
Huh!.........Does anyone have helpful expertise on this issue?
"Expertise" may be pushing it a bit
But in Jersey we are outside the EU for VAT purposes, so when a VAT paid boat (ie one that was imported second hand from the UK - like mine
) is later re-sold locally it loses it's VAT Paid status. The work
around is for the transaction to happen within the EU - even if between two non EU nationals. How one evidences that is another question - for which I have no recent answer
But I would go for a Marina receipt on the date of the sale
documents, and in an ideal world backed up by EU addresses on the sale
documents and initial registration
- even if shortly later re-registered with your permanent (real
) non EU address in order to show a continuous EU chain of sale transactions.........I would of course take professional advice
But FWIW although in Jersey we are 15 miles away from the EU (France) and NOT in the EU for VAT purposes - their are also bits of the EU further afield and scattered around the world - I think mainly thanks to the French converting their colonies into full regions of France
. Possibly even the Dutch did something similar. Certainly the Caribbean
has bits of the EU in it. As well as South America
.....so with the Boat in the BVI a trip to the EU does not have to mean a trip accross the Atlantic.
On this boat I would want to make sure she had not already lost
her VAT paid status by previously having been bought / sold
outside the EU as it's kinda like virginity - once gone, it ain't coming back