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Green Marine

about 19 years ago

Italian mayor urges rich to duck yacht tax

There are not many mega-yachts in the marina at Castelsardo this year, which the mayor of the medieval coastal town on Sardinia blames on a tax on the millionaire lifestyle. Franco Cuccureddu says the tax — on luxury yachts and beachside villas — is scaring the rich away from what should be a playbo

1 minutes read

There are not many mega-yachts in the marina at Castelsardo this year, which the mayor of the medieval coastal town on Sardinia blames on a tax on the millionaire lifestyle.

Franco Cuccureddu says the tax — on luxury yachts and beachside villas — is scaring the rich away from what should be a playboys’ paradise — and he is encouraging visitors to say ‘can pay, won’t pay’ to the tax collectors.

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