Classification of Yachts – Following the District Court Ruling

15 February, 2023

Recently, the Haifa District Court published its verdict, given on appeal, on the matter of yacht classification. The ruling is of great importance in terms of classification, and its financial implications are high due to the high purchase tax rate applied to yachts.

In the upcoming webinar we will discuss:
The classification controversy
The verdict of the Haifa Magistrate Court
The appeal hearing
The majority opinion and the minority opinion
Classification implications