MODALISBOA Fashion Week; Cavalhadas in the Azores; Madeira’s many tax advantages; Superyachts: tax advantages of registration in Madeira; EU Consultation on registering cars; SOLVIT;

Portugal & Madeira News from Paul Abbiati:

ModaLisboa Fashion Week

Fall-Winter 2011/12, in Lisbon, Portugal takes place from 10 to 13 March. Film titled: MODALISBOA 1 – LISBOA FASHION WEEK S/S 2011

The Cavalhadas in the Azores

Azores Nation.com:

The Cavalhadas de S. Pedro, The Island of S. Miguel, Açores.

“The Cavalhadas de S. Pedro takes place every year in Ribeira Grande. The “King”, or “Head”, knights, lancers, stewards and trumpeters dressed in colourful costumes parade through the streets on their shining horses on the morning of St. Peter’s day.

This feast is very popular, here the horsemen are returning from receiving the award (the king gets it). Behind them, at the end of the street there is a large, noble house, that belongs to the counts of Ribeira Grande; Count of Ribeira Grande (in Portuguese Conde de Ribeira Grande) was a title of nobility granted to the Gonçalves da Câmara family in 1662 and used until the extinction of noble titles in Portugal (1910). The title was granted to Dom Manuel Luís Baltazar da Câmara, 9th captain donatarian of the island of São Miguel, by a decree of King Afonso VI of Portugal, issued in September 15, 1662.

http://www.youtube.com/watch?v=u6nrgp5Mr1w&feature=player_embedded

They were big landowners who owned a big tea plantation in the town of Ribeira Seca, parish of Ribeira Grande; it is their responsibility to give the price every year to the best dressed or whatever category they choose. This is the end of the Cavalhadas, they are going home.

Place: The parish of Ribeira Seca in the municipality of Ribeira Grande on the Island of S. Miguel, Açores.”

Source:
http://azoresnation.com/profiles/blogs/culture-and-folklore-of-the?id=3167816%3ABlogPost%3A26957&page=2#comments

Madeira’s many tax advantages; Superyachts: tax advantages of registration in Madeira

Synfo News:

“Following January’s EU ruling, which brought into question the legality of the French Commercial Exemption, the Madeira Ship Registry (MAR) has ruled in favour of national tax autonomy.

MAR has confirmed that yachts available for charter, and capable of carrying 10 or more guests, will be classified as small commercial vessels on the registry. This ruling complies with the recent EU Directive for VAT/TVA exoneration rules.

MAR and the Portuguese Maritime Classification Authority (RINAVE) met recently with the flag registration specialist Transboat France and management company, Boatrust Madeira. Following the meeting, Transboat confirmed that it will now offer its clients the option of registering their vessels on the MAR Commercial Vessel Register. The client’s yacht will then be subjected to rigorous testing to ensure that it conforms to MAR-RINAVE regulations for commercial navigation and high sea voyages.

David Summer of Transboat said:

“Large yachts can now apply for SOLAS compliant registration, with possible concessions such as Large Yacht Concession (LYC) rules. The opportunity to register under the Madeira flag has been very appealing, and has already led to (the 78m) Delphine signing up.

The SS Delphine, Horace Dodge’s steam yacht still functional Blt. 1921.

Madeira’s many tax advantages

“Any yacht joining MAR will benefit from Madeira’s many tax advantages, whilst also benefiting from EU company rules and auditing processes. Madeira has exceptionally low tax rates anyway and its registry has, for many years, operated both efficiently and successfully.

“Even crewmembers on commercial yachts enjoy Madeira’s tax benefits. No matter where they live, if their vessel is MAR registered, they are exempt from personal income tax under Article 33.8 of the Tax Incentive Statute.”

Link:
http://www.synfo.com/news/vat_madeira_ship_registry_transboat_16136.html

Link to yacht details:
http://www.superyachttimes.com/yachts/details/1029/

EU Commission Consultation on registering cars

The European Commission has launched a public consultation to identify the main difficulties encountered by EU citizens and companies when moving a car bought and registered in one Member State to another.

The consultation, explained the EC in a statement, will provide insight into the views of citizens and other stakeholders on car registration issues and shape actions to remove yet another obstacle to the free movement of goods and services.

The ferry “Volcan de Taburiente ‘in the Port of Los Cristianos, Tenerife, Spain.IMO: 9348558

Member States require that cars that are permanently on their territory to be registered via local authorities and according to national rules, which are applied in an uncoordinated manner across the EU.

European Commission Vice-President António Tajani, Commissioner for Industry and Entrepreneurship said: “Buying a car in one Member State and then moving it to another should not be complicated. This public consultation will provide us with a better understanding of the problems encountered by citizens and companies, and with ideas on how to improve the situation. Our aim is to save time and money for consumers and businesses as well as for national registration offices.”

Link: http://www.theportugalnews.com/cgi-bin/article.pl?id=1103-6

At present there is no obligation under Community law to exempt vehicles from registration tax upon permanent transfer of residence

Portugal in some cases chooses not to levy any tax on the importation of vehicles.

“Portugal has however, on its own initiative, chosen to exempt vehicles from tax in such situations provided that certain conditions are fulfilled. In particular, a free tax period for the importation of an owners personal car is allowed, in the case of a permanent change of residence of a citizen, when the importation is made within six months of the effective change of residence”, the EC explained, quoting Portuguese legislation.

The Tax and Customs Union suggests that those aggrieved by having to pay Portugal’s car tax (Imposto Sobre Veiculos – ISV) should challenge the matter at a local level.

“The appropriate way for individual tax payers to safeguard the rights derived from Community law is to seek redress before the national courts”, adding: “The Commission is not in a position to intervene in individual cases and therefore solve the problems of a particular tax payer”.
The consultation can be found on the following website:

http://ec.europa.eu/yourvoice/ipm/forms/dispatch?form= CARREGISTRATION

SOLVIT

SOLVIT is an on-line problem solving network in which EU Member States work together to solve without legal proceedings problems caused by the misapplication of Internal Market law by public authorities. There is a SOLVIT centre in every European Union Member State (as well as in Norway, Iceland and Liechtenstein). SOLVIT Centres can help with handling complaints from both citizens and businesses. They are part of the national administration and are committed to providing real solutions to problems within ten weeks. Using SOLVIT is free of charge.

SOLVIT has been working since July 2002. The European Commission coordinates the network, which is operated by the Member States, the European Commission provides the database facilities and, when needed, helps to speed up the resolution of problems. The Commission also passes formal complaints it receives on to SOLVIT if there is a good chance that the problem can be solved without legal action.

SOLVIT, Europe’s online tool for detecting and solving problems related to the single market, reports that 5 percent of cases in SOLVIT are related to vehicle registration.

SOLVIT success stories

FLYING THE FRENCH FLAG IN PORTUGUESE WATERS

The French owner of a sailing yacht registered in France was asked by the Portuguese authorities in Porto de Sines to register his boat in Portugal because he had stayed in Portuguese ports for longer than six months. The yacht owner wanted to keep the French flag and turned to SOLVIT for help. SOLVIT Portugal contacted the maritime port authority to clarify the situation. It appeared that the six month limitation was not applicable to EU registered boats. This was explained to the local port authorities so that the French sailor could keep his flag. Solved within 12 days

image caption: Link: to other success stories:
http://ec.europa.eu/solvit/site/success/index_en.htm

9 thoughts on “MODALISBOA Fashion Week; Cavalhadas in the Azores; Madeira’s many tax advantages; Superyachts: tax advantages of registration in Madeira; EU Consultation on registering cars; SOLVIT;”

  1. I know of a Brit who had no end of trouble because his speed boat was un registered. It was some years old when brought to Madeira and the authorities demanded unpaid VAT.
    He had to get a statement from the UK tax authorities explaining registration was not required as vat was paid at the point of purchase when new and was tax free used.
    Eventually the matter was resolved and the boat named as an integral part of this process.
    Its about time registration for vehicles was a EU numbering system which requires no change ever. The car should retain the same plate all its life. the car will display a tax disc and insurance and testing details.
    An the aniversary of the insurance expiring the taxes, insurance and testing fees would be paid the the country in which this is completed.

    Reply
  2. …..just wait until tonight/tomorrow night when we can expect a low of a mere 8*c!
    BUT the rain intensity should now decrease, the temps should start to climb and by this time next week we will all be basking in the warm sun…honest!

    Reply
  3. There is a cobbler in the underground shopping centre on the road behind the Cathedral & I believe they can do it whilst you wait. There is also a Mister Minit at Madeira Shopping.

    Reply
  4. Morning all,

    Can I ask an info ?

    Does anybody know if a yacht sailing under Madeira follows Portugal flag taxes (5,25%) or it is not subject to taxes ? is Madeira a taxes-free area (zona franca) or not ?

    Would you recommend any website I can have a look into ?

    thanks a lot

    Reply

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