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post #8 of Old 12-28-2012
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Re: Croatia and VAT

Thanks Zanshin
I am not a tax expert but I am wondering what are the advantages of that vs having your boat registered in the Caymans, BVI or similar jurisdiction. I agree on the initial cost advantages but I am concerned that at some point, financially desperate governments will come after you anyway (like the encouraging 75% tax for the 'rich' in France), or introduce additional but differently phrased costs.

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