Spain – Taxation

VAT 16% of the price on all boats and goods. If the boat purchased is pre-owned, this percentage is not applicable. Instead, a 4 % of the paid price will have to be paid for Property Transfer Tax. More than 8m in length pay the 12% at registration plus VAT. Exemption for boats under 15 meters in length and which are dedicated to charter exclusively, rowboats, or classified as Olympic sailing boats.