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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).

Pays/Territoire
Palaos
Type du document
Législation
Date
2019
Source
FAO, FAOLEX
Sujet
Mer
Mot clé
Classement/déclassement Droits/redevances relatives à l'environnement Taxe/impôt Aire marine Protection de l’environnement Mer territoriale
Aire géographique
Asie et Pacifique, Micronesie, Océanie, Petits états insulaires en développement, Pacifique Sud
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.
Résumé

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.

Texte intégral
Anglais
Site web
www.palaugov.pw