Goodbye to the most absurd tax. Better late than never!
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It was time. The government has abolished the tax on boat ownership, ending a black chapter in boating that began with the Monti legislature: one that caused many boats to flee abroad and the collapse of the domestic market.
Perhaps “putting an end” is not the right locution. The wound will take a long time to heal: the damage created by the announcement in 2011 first of the parking tax then turned into a possession tax was certainly greater than the revenue from the collection of the tax itself.
“What happened today is further proof of the Association’s constructive confrontation with political forces and the government,” said Carla Demaria President of UCINA. Coming at an important time. It will serve to restore confidence in the market.”.
A TAX BORN BADLY
The Possession Tax on boats had been reintroduced by the Monti government. and immediately appeared to be very punitive for the industry, both because of the high amounts and because, among other things, it did not take into account the age of the boats and especially for small boats its incidence was particularly high compared to the real market value. After a long institutional battle supported by UCINA, damage limitation had been achieved by obtaining abolition for units up to 14 meters and the application of parameters more congruent with the value of the vessels, halving for sailing and exemption for commercial units.
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