Tax domicilium on your yacht

[brendan1023]

Hi,
I'm new to the forum.
Has anyone any experience about being tax resident on your yacht as a Liveaboard?
THANKS

[StuM]

Nationality?
Location?
Duration of stay wherever?
Boat country of registration?

[haiqu]

There are two main systems used by governments for income tax. The most common one says that you are due to pay tax in the country in which you normally reside. There are various rules to determine where that is. The second system, used mainly by the USA, is that you have to pay tax on worldwide income.

Living aboard a yacht doesn't confer any special priveleges in this regard, unless you do all your work in international waters (such as a cruise ship).

[brendan1023]

Irish
Ionian islands Greece, Med
6 months a year summer months in Europe
Croatia registration
Thanks for any reference reading, links or informed opinion

[haiqu]

Eurozone rules apply, at least until Brexit. Since your nationality isn't part of the Schengen region I assume you can't stay in the Med longer than 90 days out of 180, which makes your usual tax residence Ireland unless you have a permit to reside elsewhere. Yacht's registration has no bearing in this case.

You might find this page useful:

http://europa.eu/youreurope/citizens...d/index_en.htm

[GordMay]

Greetings and welcome aboard the CF, Brendan.

[Kelkara]

I've got no comment to make concerning the OP, but I thought I'd correct a few mistakes here ...

Originally Posted by haiqu

Eurozone rules apply, at least until Brexit. The OP is concerned with Ireland, Greece and maybe Croatia, the UK doesn't enter into it ... Ireland did a UKexit quite a while ago.

Since your nationality isn't part of the Schengen region I assume you can't stay in the Med longer than 90 days out of 180. Schengen is only an issue to non EU nationals, Ireland is a full EU member with full right of abode in other EU countries.

, which makes your usual tax residence Ireland. If he's less than 183 days in Ireland he should definitely take advice from a tax specialist - not internet sailors.

unless you have a permit to reside elsewhere. In his case the whole of the rest of the EU.

Yacht's registration has no bearing in this case.

[haiqu]

Originally Posted by Kelkara

I've got no comment to make concerning the OP, but I thought I'd correct a few mistakes here ...

The OP is concerned with Ireland, Greece and maybe Croatia, the UK doesn't enter into it ... Ireland did a UKexit quite a while ago.

Ireland will be leaving the EU at the same time as, and as a result of, the UK Brexit. It is highly relevant.

Schengen is only an issue to non EU nationals, Ireland is a full EU member with full right of abode in other EU countries.

Schengen and EU membership are entirely separate. Ireland is an EU member but not a Schengen member, which means his travel across borders needs visas (including work visas).

Ref: https://en.wikipedia.org/wiki/Visa_p..._Schengen_Area

It will soon be neither an EU nor a Schengen member.

If he's less than 183 days in Ireland he should definitely take advice from a tax specialist - not internet sailors.

That's good advice, but since he asked the question I was gracious enough to assist. From the details given it appears as if he's living in Ireland for more than 183 days a year.

In his case the whole of the rest of the EU.

As I stated, unless the OP has a right of abode outside of Ireland (and uses it) his tax obligations come under Irish law. And under Irish law if you live there longer than 183 days a year worldwide income is taxed.

[Abgreenbank]

Haiqu, I think you are confusing The United Kingdom of Great Britain and Northern Ireland with Ireland, very different countries.
The UK is shortly to trigger article 50 which leads to leaving the EU, Ireland still needs the EU and has expressed no wish to leave.
Neither UK or Ireland are signatories to Schengen which has no bearing on the right to abode in any EU state for any EU member.

Regards
Ab

[markpierce]

Ultimately, the State of California owns my boat. If property taxes aren't paid, the state will place a lien and eventually take possession unless disposal costs exceed the boat's value.

[brendan1023]

Sorry people, I've been offline. I appreciate the considered input from each one of you. I'll go through the links and the information. Again thank you!
Brendan