Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result

France under European Committee scanner over yachts tax proposal in controlled marine areas

byCustoms Today Report
09/03/2015
in Uncategorized
Share on FacebookShare on Twitter

PARIS: The European Committee for Professional Yachting (ECPY) is petitioning the French government over what the industry association has identified as a ‘catastrophic’ legislative proposal.

On 20 January the French Senate presented a bill to tax yachts cruising in 322 ‘managed marine areas’. However, initially, the National Assembly rejected the bill  ‘recognising the serious impact it might have on the yachting industry.’ The 322 areas constitute an area of 88,175km2, which is equivalent to 23.63 per cent of France’s territorial waters.

You might also like

TDAP Chief Faiz Ahmed pledges full support for muslim trade

09/10/2026

Pakistan Customs to auction shilajit, imported tea and other goods in Peshawar on Oct 14

09/10/2026

However, the government has revised and resubmitted the bill, and in a blow for the super-yacht industry. The Chamber of Deputies passed the first reading of the law NOTRe. It will now be presented to the Senate to be discussed and amended before returning to the Chamber of deputies for the last reading.

‘We have lost the first battle’, an ECPY statement read. ‘Now we must renew our efforts to block the anchorage tax provisions from being passed by the Senate and afterwards by the Chamber of Deputies on the second reading.’

The ECPY has compared the passing of the bill to legislation introduced in Sardinia in 2006, which the Committee claims reduced yacht traffic by 50 per cent over three years.

Tags: tax

Related Stories

TDAP Chief Faiz Ahmed pledges full support for muslim trade

byCT Report
09/10/2026

KARACHI: Qurat-ul-Ain, Vice President of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI), has called for stronger economic...

Pakistan Customs to auction shilajit, imported tea and other goods in Peshawar on Oct 14

byCT Report
09/10/2026

PESHAWAR: Pakistan Customs will auction shilajit, imported tea, food products, dairy items, cosmetics and other goods on October 14, 2026,...

FBR revises customs values of imported almonds vide VR No.2065/2026

byCT Report
09/10/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has raised the customs value of imported shelled almonds to $3.81 per kilogram...

Weekly inflation rises 0.57 percent

byCT Report
09/10/2026

ISLAMABAD: The Sensitive Price Indicator (SPI)-based weekly inflation increased by 0.57 percent during the week ended on October 08, 2026,...

Next Post

BlackBerry hopes to compete smartphone world with its new mid-range BlackBerry Leap

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.