Greece is considering taxing shipowners on overseas earnings to generate revenue but needs to also consider the impact such a tax would have on maintaining national jobs.
With a backdrop of increasing tax authority scrutiny of offshore vessel registration structures, leasing and VAT structures were animatedly discussed at Marine Money’s Superyacht Finance Forum in Monaco last month.
Managing director of private security firm Protection Vessels International (PVI) Eric Conway has published the paper "Calculating the Cost of Piracy" - a cost which affects flag states.
The Brazilian arm of the Argentine-based Ultrapetrol is developing its fleet of platform supply vessels (PSVs) but is reluctant to register the vessels nationally.
