![French Riviera: St Jean Cap Ferrat and Villefranche. Image credit: Yotha](https://cache.luxurydaily.com/wp-content/uploads/2020/03/French-Riviera-St-Jean-Cap-Ferrat-and-Villefranche.jpg)
This year’s Mediterranean charters will face some radical VAT changes as a result of the European Commission’s action against the simplified VAT structures on short-term yacht charter adopted by countries such as Italy, France, Malta and Cyprus.
This year’s Mediterranean charters will face some radical VAT changes as a result of the European Commission’s action against the simplified VAT structures on short-term yacht charter adopted by countries such as Italy, France, Malta and Cyprus.