Moore Stephens partner to chair on US superyacht tax panel

Ayuk Ntuiabane, partner at Moore Stephens Isle of Man, leading providers of multi-sector accountancy, consultancy and financial services, will chair a panel of international marine tax experts at the International Superyacht Society’s “YachtInfo” Seminars at the 54th Fort Lauderdale International Boat Show on 1 November.

Ayuk’s panel will specifically address tax issues surrounding superyacht chartering around the world, with particular emphasis on US and Caribbean waters and an update on recent changes in European VAT.

Ayuk commented, “I’m honoured to be asked by the International Superyacht Society to chair the tax panel in Fort Lauderdale. As professionals in the superyacht industry know, the east and west coasts of the United States are some of the most popular cruising grounds in the world but not surprisingly the tax ramifications of chartering there present sometimes completely different fiscal challenges.”

The YachtInfo series provides the latest information in a day long series of one hour panels to superyacht owners, managers, captains and crew, at yacht shows around the world on the global business of superyachts and superyacht operations.

Ken Hickling, International Superyacht Society president said, “This tax panel is intended to be truly global in scope so we are very pleased Ayuk agreed to serve as its chair, Ayuk is one of the few professionals in the superyacht industry who can bring a global perspective to this complex and extremely important issue that varies dramatically, not only in content but also in interpretation and enforcement from one cruising ground to another.”

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