An emendment to the law regarding the tax on foreign aircraft stopping over in Italy has been approved today increasing the duration of the stopover from 48 hours to 45 days. It now has to be ratified.
That is indeed good news as the owner of the jet I fly is sitting in Catania while his jet is sitting in Malta.
I go back and fetch him tomorrow am.
The tax is so severe and heavy that we cannot take the risk until the 45 day ammendment is set in concrete.
"Dear Sir We have evidence to show your aircraft remained in Italy for a period of one week when the law stated that an aircraft is due to pay the luxury tax if remaining in Italy for more than 48 hrs.
While we appreciate this has now been ammended to 45 days 48 hrs was in force at the time of your stay! Please pay 120,000 Euro for your Citation ".
Pace