ShipSpotting.com
Login: Lost Password? SIGN UP
Ship Photo Search
Advanced Search
Pages: [1]
  Print  
Author Topic: Gibraltar bunkering.  (Read 785 times)
0 Members and 1 Guest are viewing this topic.
MattyBoy
Just can't stay away
***
Offline Offline

Posts: 98

It's me and you may find me annoying.


View Profile
« on: November 19, 2017, 09:43:11 am »

Hi all,

Well, I've just recently come back from Gib and wondered how the the tax situation applies re: bunkering tax (or lack of). But how does it work exactly? If no tax on the fuel is payable, how does the government claw back money? Surely the fuel still needs to be shipped in from somewhere. I didn't see any refineries on Gib itself - only the one in Spain.

Regards,
Report to moderator   Logged
davidships
Webmaster
Top Poster
*****
Offline Offline

Posts: 1,710



View Profile
« Reply #1 on: November 20, 2017, 12:08:33 pm »

Oil bunkers for international voyages do not usually attract taxation/excise duties, and are presumably supplied from bond (whether held ashore or afloat).

Gibraltar's benefit is the additional harbour charges as well as add-on services from the visiting vessels, some of which may be taxable (EU VAT rules apply), and which provide income and employment.
Report to moderator   Logged
Pages: [1]
  Print  
 
Jump to:  


Powered by SMF 1.1.11 | SMF © 2006-2009, Simple Machines LLC
Page created in 0.039 seconds with 19 queries.
Copyright © 2010 All rights reserved