The tax implications of yacht sales vary depending on the buyer’s location and the jurisdiction where the yacht is registered. In some countries, yacht purchases are subject to sales tax or VAT, which can add a significant amount to the overall price. Additionally, some regions offer tax incentives or exemptions for yachts used for commercial purposes, such as chartering. For international buyers, taxes may differ based on where the yacht is flagged and where it operates. It’s recommended to consult with a tax advisor or maritime lawyer before making a purchase to fully understand the tax liabilities associated with yacht ownership.