American with an EU-Registered Boat

[savoir]

There certainly are ramifications if the owner corporation trades for profit but what if the boat owner corporation never turns over a single pound ?

[goboatingnow]

Originally Posted by savoir

There certainly are ramifications if the owner corporation trades for profit but what if the boat owner corporation never turns over a single pound ?

Well it depends under what laws the corporation is subject to. Private use of a corporate asset , vat registration and the subsequent disposal of a corporate asset are all issues.

Dave