bedouin
Well-Known Member
No - VAT is due on IMPORT rather than EXPORT. So VAT is due depending on the date on which it was last imported into EU - that is independent of whether it has been imported or exported before. It is irrelevant whether the boat has previously been exported (except to the extent that you can't re-import it unless you have exported it).As said, in the Azores it's also 18%, and a trifle more convenient.
Sorry, that's wrong. It depends on whether it's been exported from the EU which, if it's bought in the States, it has been. VAT would be due on re-import, even if the same vessel began life in the EU and was previously "deemed exempt by reason of age". Of course, in the latter case, judicious choice of which documents to show might get you round it.
I think (but I am not sure) that RCD is different and relates to the date on which the boat was first used in EU - i.e. if an RCD compliant (or exempt) boat is exported then there is no problem reimporting it