3 posts shown.
Carol Price4 said:There’s no such thing as an acquisition without delivery—if the yacht belongs to an Italian firm, they’re going to charge their local sales tax since the boat isn't actually leaving Italy. As for the flag, that's probably just a registration issue...
But—could the ownership actually be transferred via an invoice from Italy to the US? And if so, how would they even handle the sales tax collection?? 🤔 🤔
Hi everyone! I’m looking for some help if anyone has dealt with something similar before...
So—an American company is looking to buy a used yacht in Italy. The boat is currently flying a British flag (though I'm not entirely sure if that actually matters)—but we would need to execute an intra-community acquisition without physical delivery. Essentially, ownership would be transferred here in the US, while the yacht stays put in Italy. Is that even possible? And if it is—I guess—what specific steps would we be required to take??
Hello everyone! I could really use some help here! 🙏🙏
I have a client—an American company—that needs to pick up goods in Canada and then transport them over to Italy... What kind of paperwork is required for this? I think I heard something about a specific statement that needs to be included on the invoice... and also something regarding an "INTRASTAT" filing... I guess?!!?? If anyone has dealt with this before, please—I would truly appreciate your advice!!! 🕺