VAT for Italian marinas reduced to 10%

Following a few difficult years for the marina industry, the Agenzia delle Entrate (the Italian version of the IRS) has recommended reduced taxes for Marina Resorts.  Instead of 22%, Marina resorts will now be charged at the lower rate of 10% (the same rate as hotels).  It is now down to each region of Italy to pass the local laws.  This follows the lead of Friuli Venezia Giulia and Emilia Romagna who have already applied this reduction to their marinas (in 2010 and 2014 respectively).  Liguria is also now offering the reduced rate and talks are underway for Sardinia with the expectation that it will be passed before the start of the season.

The idea also makes sense from a financial point of view.  The thinking behind it is that tourism is such an important part of the Italian Economy that the government should be doing all it can to encourage more people to visit the country.  Recently, more and more boats have been heading to ports in Spain where they have been finding moorings (and charters) that costs a lot less.  By reducing the tax, the government hopes that it will reverse this trend and more tourist will arrive.

This reduction in tax is only available for marinas which offer transit spaces so not for sailing clubs etc. It is also not available for long term berth letting although the exact definition of long term berths has not been defined.  All that we know for certain is that annual berths have been excluded.