ShipSpotting.com Forum

Shipspotters all over the world => Shipping News and information => Topic started by: MattB on November 19, 2017, 09:43:11 AM

Title: Gibraltar bunkering.
Post by: MattB 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,

Title: Re: Gibraltar bunkering.
Post by: davidships 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.