SailNet Community - View Single Post - Registering a EU boat as Australian
View Single Post
post #2 of Old 08-06-2010
Super Fuzzy Moderator
tdw's Avatar
Join Date: Oct 2006
Location: Sydney Australia
Posts: 17,134
Thanks: 22
Thanked 128 Times in 119 Posts
Rep Power: 10
Originally Posted by halcyonau View Post
Hi guys

If i purchase u EU yacht VAT tax not paid and deregister that vessel and register it as a Australian flagged vessel do i have to pay the Australian VAT amount upon registering that vessel or do i pay the Australian vessel when it is imported into Australian waters ?

Hopefully no confusing. lol
When you import it but remember that Oz GST is payable on an amount as per valuation by the satan and his minions otherwise known as the ATO.
SimonV imported his boat from the US so he would be the person to ask but it is my understanding that the GST (and don't forget Import Duty) is payable on the cost of the boat plus transport. Even if you sail her back here it is possible they will levy an amount to cover freight.

Andrew B (Malö 39 Classic)

“Life is a trick, and you get one chance to learn it.”
― Terry Pratchett.
tdw is offline  
Quote Share with Facebook
For the best viewing experience please update your browser to Google Chrome