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An Act to amend Section 1405 of Title 40 of the Palau National Code to restructure the cost, duration of validity, and classification of vessels for the tax assessed for foreign owned private yachts and cruise ships entering the Republic, and for other related purposes (RPPL NO. 10-38).

País/Territorio
Palau
Tipo de documento
Legislación
Fecha
2019
Fuente
FAO, FAOLEX
Materia
Mar
Palabra clave
Clasificación/declasificación Tarifas/cánones relativos al medio ambiente Tasa/impuesto Área marina Protección del medio ambiente Mar territorial
Área geográphica
Asia y Pacifico, Micronesia, Oceania, Pequeños estados insulares en desarrollo, Pacífico Sur
Entry into force notes
This Act shall enter into force 90 days after the approval of the President or its becoming law without such approval.
Resumen

This Act lays down rules for increasing the fee charged to foreign yacht owners and cruise ships entering Palau waters, in order to protect the environment by reducing the number of vessels that take advantage of the low fees and enhance its contribution to the economy. Foreign water vessel tax shall apply to private yacht, cruise ships, commercially operated boats for recreational purposes, and any water vessel owned or operated by a non-resident. This Act sets forth provisions on the cost, duration of validity, and classification of vessels for the tax assessed for foreign owned private yachts and cruise ships entering the Republic.

Texto completo
Inglés
Página web
www.palaugov.pw