ISLE OF MAN: VAT REFUNDS RECEIVED ON JUST 2 PRIVATE JETS IN 2020

On 15 February, IOM Today reported that a total of only £10.9m of VAT was refunded last year on private jets imported into the EU via the Isle of Man –  a big drop on 2019 when VAT refunds on 19 imported jets totalled £49,913,734.  The issue of VAT refunds on corporate jets made headlines worldwide in 2017 when they became the focus of the “Paradise Papers” exposé.

https://www.iomtoday.co.im/article.cfm?id=60428&headline=VAT%20refunds%20received%20on%20just%20two%20private%20jets&sectionIs=NEWS&searchyear=2021

I would be grateful for any modest contribution for my time and ongoing costs of computer, relocation, and (still ongoing) removal costs, I have a page, where contributions start as low as $3, at https://www.buymeacoffee.com/KoIvM842y

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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