[MHml] Fountaine Pajot - tax boat

[Robert Larder]

bob jones wrote:
> The French in the early '90's had a tax break that essentially allowed 
> the buyer a 25% per year tax deduction for 4 years provided it was in 
> charter service with a French company. Seemed like a good deal all 
> around. The buyer got his investment back so he could buy a bigger one. 
> The builders got a boost in production and the charter companies gained 
> a strong foothold in the business.
>     Also thanks to all who replied.
> Bob

The downside was that places like Oyster Pond in St Maarten got filled 
up with dockspace taking advantage of the tax laws, not to mention the 
acompanying building on the surrounding land, and the effects of 
antifouling etc in the water.
It wasn`t all good news.
Bob Larder