Nautical and taxation (Italian legislation)

The Italian "Nautica & Fisco" Guide (4th edition 2013) was born from the need for a renewed relationship of mutual collaboration between the Revenue Agency and UCINA, which offers a useful consultation tool in the complex world of taxation relating to the nautical sector; a vademecum for easy orientation that is easy to use both for experts and for those who are entering the sector for the first time.

view the documents in pdf format (2022 edition)

We point out that the possession of a vessel registered in foreign registers entails the obligation of the owner/s to declare in the RW (natural persons or ENC) part of the tax return. The RW Framework does not have an income-related nature, but a declaratory one and must be presented with the same methods and deadlines as the declaration.
This datum has only a MONITORING function for tax purposes (circ. n. 38/2013, 43/2009, 85/2001 and resolution n. 134/2002). Therefore if the boat is used for recreational purposes and not for profit (rental, occasional rental, etc.) NO tax is due.
It is also true that in the context of a tax assessment, the data will be taken into consideration by the competent authorities to verify the adequacy of the declared income.