It certainly represents a tax news of great relevance for non-EU subjects represented for VAT purposes in Italy pursuant to Article 17, paragraph 3, of Presidential Decree No. 633/1972, the provision of the obligation to issue a guarantee in the hypothesis that they request to be included in the VIES for the performance of intra-Community transactions.

With the Ruling No. 1 of 2025, the Italian Revenue Agency clarifies the conditions for the application of the VAT non-taxable regime provided for by Article 8-bis of Presidential Decree No. 633/1972 to the purchase of goods and services intended for extraordinary structural transformation works, so-called major refit, through which a vessel initially used for private use is then, by the new shipowner, used for commercial charter purposes.

Cases in which yacht owners decide to purchase yachts for their own and their family's personal use through a simple partnership are not unusual. The simple partnership is one of the partnerships provided for in the Civil Code, characterised by the fact that it is not allowed to engage in commercial or business activities.

The current tax reform and, in particular, the reform of the administrative penalty regime, has introduced a new provision that has a substantial impact on VAT both in terms of the application of the tax and, even more so, in the procedures implemented by Italian companies with reference to the intra-Community supply of goods.

According to a very common practice, in the case of charter agreement for pleasure yacht, the client makes available to the captain or the charter company a sum of money - usually amounting to around 25% of the cost of the charter - to be used for expenses of a different nature that will be incurred during the charter period and that are not known in detail at the beginning of the charter.

A new form of maritime accommodation is represented by the so-called scattered nautical hotel, i.e. those facilities composed of a central production unit offering common services and recreational units equipped for accommodation and overnight stays on board, serving the same central production unit.