Please select your home edition
Edition
Barton Marine 2019 728x90

European Commission has deemed a Greek cruising tax to be lawful

by Yachting World on 26 Feb 2015
Greek Cruising noonsite.com
The European Commission considers a Greek cruising tax introduced at the end of 2013 to be lawful following concerns from Britain's Royal Yachting Association (RYA). Although it has yet to be implemented, the new Circulation Tax (TPP) applicable to all boats over 7m sailing in Greek waters, has now been ruled lawful by the European Commission. This report by Yachting World.

A confirmation letter was received by the organisation earlier this week stating that the Commission considers the tax on boats of 7m or more in Greek territorial waters to be lawful under EU law.

The Greek TPP tax will apply to all boats in the country’s waters, regardless of the its flag state or the nationality of the owner.

The RYA expressed concerns over the tax, which is yet to be implemented, saying that it appeared to conflict with the Commission’s efforts to encourage recreational boat tourism within Europe.

In a statement, the RYA said: 'The European Commission has reviewed the Greek legislation and has concluded that the tax does not contravene EU law.

'It remains to be seen, however, whether the recent political changes in Greece will have an impact on the speed with which this legislation is implemented, if at all.'

The Greek TPP tax means that boats with an LOA of 12m or less will have to pay a single yearly fee, either when they arrive in Greece or on launching:

7.1 to 8m = €200 per year
8.1m to 10m = €300 per year
10.1m to 12m = €400 per year
While boats with LOA of more than 12m can choose to either pay per month or per year:

Per month = €10 per metre LOA
Per year = €100 per metre LOA
Boats that spend more than 11 months in Greek waters can claim a 30% discount on the yearly rate.
Cyclops Marine 2023 November - FOOTERMarine Products Direct 2023 - Calypso FOOTERCrewsaver 2021 Safetyline FOOTER

Related Articles

Royal Huisman announces record-setting sloop: Noir
Conceived by a skilled owner and his team for pleasure of sailing with his loved ones With the new contract for Project 411, Dutch custom superyacht builder Royal Huisman enters record territory again with Noir, an 81-metre / 264-foot sailing yacht.
Posted today at 10:30 am
Henri-Lloyd New Arrival: The Storm Dri Backpack
Perfect for any outdoor activity, commute and boat to shore use Perfect for any outdoor activity, commute and boat to shore use. The Storm Dri Backpack is waterproof, submersible and capable of holding all your kit essentials with a 30 litre capacity.
Posted on 24 Apr
The Ocean Cleanup breaks 10,000,000 kg barrier
Earth Day announcement showcases the power of data and technology in solving ocean plastic pollution The Ocean Cleanup, the global non-profit project, has removed a verified all-time total of ten million kilograms (22 million lbs.) of trash from oceans and rivers around the world - approximately the same weight as the Eiffel Tower.
Posted on 22 Apr
Swan 88 hybrid electric propulsion yacht launched
At the Boatbuilding Technology Centre, the House of Swan in Pietarsaari, Finland This morning, April 22nd, the first unit of the Swan 88 with hybrid electric propulsion, has been launched at the Boatbuilding Technology Centre, the House of Swan in Pietarsaari, Finland.
Posted on 22 Apr
SW96 Liberty embarks on her Maiden Voyage
Setting sail from Cape Town on her 7500-mile journey to Europe Following her launch in February, Liberty, the fifth unit of the SW96 project, has set sail from Cape Town and started her 7500-mile maiden voyage to Europe.
Posted on 22 Apr
New products special - Emergency pack
The Pains Wessex branded Emergency Rations Following the preview of our new Emergency Pack solutions at METS, Pain's Wessex is delighted to announce the availability of our first wave of new products, offering the highest quality manufacturing and trusted brands
Posted on 21 Apr
Summer Sailstice 2024 is on the horizon!
Share your plans and encourage your friends, clubs and organizations to join the fun Share your plans and encourage your friends, clubs and organizations to join the fun.
Posted on 20 Apr
TMG to showcase Lagoon 46 at Sydney Boat Show
TMG Yachts proudly presents 500th Lagoon 46, reaffirming the brand's dominance in sailing catamarans Embark on unforgettable adventures with loved ones, revelling in the unparalleled interior volume and refined ambience of this illustrious vessel.
Posted on 20 Apr
The multihull rally off the coast of Garraf
Join with family and friends to have fun sailing in catamarans You can join the multihull rally with family and friends to have fun sailing in catamarans in courses specially designed for multihulls.
Posted on 20 Apr
RIB accessories, safety equipment to have on board
Prioritising safety is crucial to guarantee a fun and secure experience on the water When embarking on a boating adventure, you want to ensure that your RIB (Rigid Inflatable Boat) is equipped with essential accessories and safety equipment.
Posted on 19 Apr