Maltese super yacht tax check yields two VAT violations

(independent.com)--The Maltese segment of a recent pan-European Union crackdown on the VAT positions of super yachts has yielded two infringements, The Malta Independent on Sunday is informed. As a result of an EU-wide investigation in the Maltese segment, two super yachts were found to have infringed Maltese VAT legislation, leading the VAT Division to take action to recover additional taxes due to the government. READ MORE