Italy to tax local and foreign business jets and helicopters
Italy is planning to introduce a tax on Italian registered private aircraft and even on foreign aircraft that have spent more than 48 consecutive hours on Italian territory.
Italy is planning to introduce a tax on Italian registered private business jets and helicopters and even on non-Italian registered aircraft that have spent more than 48 consecutive hours on Italian territory.
Private aircraft are defined to include all aircraft other than State aircraft, aircraft dedicated to commercial flights, air taxi aircraft, flight training organization aircraft, aero club, aircraft being manufacturered and rescue aircraft.
The tax is based on an aircraft’s maximum take-off weight (MTOW) with helicopters paying double.
MTOW (kg) | Euros per KG | Maximum jet in each category would pay in class | Aircraft example | Maximum helicopter would have to pay in class | Helicopter example (MTOW kg) |
up to 1000 | 1.5 | Eu1,500 ($1,955) | (MTOW kg)) | Eu3,000 ($3,911) | |
up to 2000 | 2.45 | Eu4,900 | Eu9,800 | ||
up to 4000 | 4,25 | Eu17,000 | Eu34,000 | AW109 GrandNew (2,850) | |
up to 6000 | 5 | Eu30,000 | Cessna Mustang (3,921) | Eu60,000 | Bell407 (6,000) |
up to 8000 | 6.65 | Eu53,200 | Eu106,400 | EC145 (7,903) | |
Up to 10,000 | 7.1 | Eu71,000 | Eu142,000 | ||
above 10,000 | 7,55 | ≥Eu75,000 ($98,000) | Learjet 40XR (9,525 ) – G650 | Eu150,000 ($195,00) |
S92A (12,020) |
| Source: Franco Campomori and Corporate Jet Investor | |||||
The tax will be collected from the registered owner, the beneficiary or the lessee. The technicalities regarding actual payment are to be detailed in a separate regulation to be issued within 60 days of the approving legislation coming into force.
Non Italian corporate aircraft would mostly be affected with the tax escalating to over Eu300,000 ($400,000) for large corporate jets.
The actual legality of the tax, which is likely to be approved also by the Italian Senate in the next days, is highly questionable and action will be taken for the relavant authorities to acknowledge the potential disruptive effects and hopefully introduce mitigating measures at least within the implementing legislation.
For more infomation, please contact:
Avv. Franco Campomori
Campomori – Aviation & Law
World Trade Center
Lugano – Agno (CH)
Switzerland
Tel. +41 76 5471965
Tel. +39 348 4517532
http://www.campomori.com
[email protected]
