Understanding Superyachts and Business Aviation Tax – 4th Annual Conference
Quaynote is delighted to return with Understanding Superyacht & Business Jet Tax, the one-day international event to be held in Barcelona, Spain on Thursday, 15th October, 2025. The conference seeks to demystify complex rules, ownership structures, VAT – and much more – across multiple jurisdictions.
Targeting charter & sales brokers, charterers, tax advisors, corporate service providers, lawyers, family offices and policy-makers,
Our speakers will shed light on some of the thorniest tax issues that anyone involved in owning, chartering, operating or managing a superyacht or business jet needs to grapple with.
We are pleased to offer discounted rates to members of the SYBAVTT (The Superyacht and Business Aviation VAT Think Tank) – to register at this rate you can use the link above.
To find out more about this group please go to this link here https://www.vatthinktank.org/
Once more we are pleased to have Alex Chumillas, Tax Marine & Aviation Spain and Jean-Philippe Maslin, Associe/Partner, Richemont Delviso to co-chair the event once again.
For information on speaking, sponsoring please contact: Alison Singhal – alison@quaynote.com or tel: 44 7786 543898
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08.00
Refreshments and registration
Conference co-chaired by:
Alex Chumillas, Tax Marine & Aviation Spain SL
Jean-Philippe MASLIN, Associé/Partner, Richemont Delviso
Session One: Setting the Scene
09.00
09.00 Conference organizer`s opening remarks
09.05
*Industry overview: regulatory and fiscal trends impacting superyacht ownership and business jet operations
*Superyacht & Aviation VAT Think Tank – Latest strategic developments
Presented by:
Jean-Philippe Maslin, Richmont Delviso
Alex Chumillas, Tax Marine & Aviation Spain SL
09.20
Questions
Session Two: Regulators Panel
09.25
Inside the Mind of Regulators: How Tax Authorities View Superyachts and Business Jets
*Current enforcement priorities for VAT and customs compliance
*How regulators interpret complex ownership and operational structures
*What yacht owners, aircraft operators and advisors should anticipate in the coming years
Moderator: Geraldine Spiteri (Dr), Advocate, Asteria Advisory
10.30
Refreshments Break
Session Three: Yachting VAT Session
11.00
VAT Paid Status in Superyachts: Lessons from Case C-280/04 (Jyske Finans)
*Legal interpretation of VAT paid status in the EU
*Implications for superyacht ownership structures and resale
*Risk management for brokers, managers and owners
Panellists:
Experts from Malta, Italy, France & Spain to contrast the interpretation in different jurisdictions
Moderated by: Christine Cassar Naudi, Partner, Tax Advisory, Ganado Advocates Miguel Angel Serra, Founding Partner, LegaLLey+
Panellists Include:
Joe Francis, Director, PKF Francis Clark
Jennifer Timinis, Sea Greece
Session Four: Aviation Case Study
11.50
Business Jet Operations in Europe: VAT Challenges for CAT, NCC, NCO Operators
*Practical VAT implications for commercial and private business jet operations
*Operational structures and tax exposure
*Key compliance strategies for aircraft owners, operators and advisors
Moderated by: Katrina Abela, Vaia
Panellists to include:
Joana Maldonado, Advogada / Professional Partner, Abreu Advogados
Greta Kemper, Tax Director, Martyn Fiddler (UK)
Carsten Nesemann: German tax adviser, nesemann & grambeck VAT and customs boutique
12.40
Questions & Discussion
12.55
Lunch
14.00
Industry Networking Circles: Connecting the Superyacht & Business Aviation Ecosystem
Structured networking between:
*tax advisors
*yacht managers
*aviation operators
*legal experts
*brokers and industry stakeholders
Session Six: Customs & Yachting Panel
14.50
Superyacht Customs Strategies: Temporary Admission, IPR and Shipyard Refits
*Customs regimes affecting superyachts in EU waters
*VAT and customs planning during refit, repair and maintenance projects
*Contractual and operational risks for shipyards, managers and owners
Panellists Include:
Capt.Andrija Šimić, Simmor Marine
15.40
Refreshments
Session Seven: Industry Associations Panel
16.10
The Voice of the Industry: The Future of Spanish Business Aviation & Superyachts
With representatives from:
*Spanish business aviation sector
*Spanish superyacht industry
*Industry associations such as SY Alliance or EBAA
Panellists Include:
Claudia Parera, Director, Barcelona Clúster Nàutic
Olivier Poncet, president of the Spanish Business Aviation Association
Federico Ricci Buffetti, EU Affairs Manager, EBAA
Session Eight: Final Panel
17.00
Advisors in Action: How Leading Professionals Structure Superyacht and Business Jet Operations
A debate between:
*tax advisors
*yacht managers
*corporate service providers
Format: Green vs Red solutions
Topics include:
*structuring ownership and operations
*managing VAT exposure
*balancing compliance and operational efficiency
Panellists include:
Bruce Maltwood, Praxis
Rachel Purnell, Senior Manager, Indirect Tax, Equiom
17.50
End of Conference
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Alex Chumillas
Tax Marine & Aviation Spain
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Alex Chumillas
Tax Marine & Aviation Spain
Alex advises both on tax and customs matters on yacht and aircraft purchases, owning and operational structures. He has worked for top-tier foreign broker companies, yacht management, legal firms, aircraft operators and foreign investors, most of which remain regular clients.
Alex is member of the board of directors of the Spanish Business Aviation Association and co-chair of the European Business Aviation Association tax committee. He is founding member of the Barcelona Nautical Cluster and its tax committee, where has been working for the improvement of the Spanish tax landscape on the amendment of the existing tax regulations.
He is actively works in collaborative projects and is the founder of “The Superyacht and Aviation Think Tank” a group discussion with more of 140 VAT and customs specialists of across Europe. He regularly speaks at superyacht and business aviation industry conferences worldwide.
Jean-Philippe Maslin
Associé/Partner, Richemont Delviso
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Jean-Philippe Maslin
Associé/Partner, Richemont Delviso
I am a lawyer qualified in French and English law.
I advise on the litigation and transactional aspects in insurance, maritime and yachting, commercial and employment disputes.
Christine Cassar Naudi
Partner, Tax Advisory, Ganado Advocates
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Christine Cassar Naudi
Partner, Tax Advisory, Ganado Advocates
Miguel Angel Serra
Founding Partner, LegaLLey+
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Miguel Angel Serra
Founding Partner, LegaLLey+
Miguel Ángel Serra-Short CV Miguel Ángel Serra is a founding partner of the law firm ‘LegaLLey+’, created in 2022 and today clear leader in Spain in matters of superyachts, aviation and high-end real estate, and has been heading the yachting department of the main Spanish law firms such as Garrigues, the largest law firm in the EU, and Albors, the most relevant maritime legal boutique in Spain..
He is a Lawyer, Economist, Master in Tax Law, Master in Urban Planning Law and Official Real Estate Property Agent (API), among others. He has been a tax and legal advisor to the Spanish Nautical Association (ANEN) since 2013, a member of the Spanish Bar Association, of the Fiscal Commission of the College of Economists and of the Council of the Department of Applied Economics of the University, where he has been tax lecturer for 21 years and continues to be a professor of the Master of Public Finance and Tax Procedures at the University of the Balearic Islands in Mallorca.
Miguel Ángel is also a regular speaker and moderator at national and international congresses, has participated in TV and radio programs and published articles in the most relevant national and international newspapers and magazines related to yachting, aviation, real estate and other issues at the request of the different media.
Joana Maldonado
Advogada / Professional Partner, Abreu Advogados
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Joana Maldonado
Advogada / Professional Partner, Abreu Advogados
Carsten Nesemann
German tax adviser, nesemann & grambeck VAT and customs boutique
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Carsten Nesemann
German tax adviser, nesemann & grambeck VAT and customs boutique
Carsten has been advising the aviation industry for many years on all matters relating to VAT, customs law and energy tax. His main areas of expertise include providing VAT and customs law support for the closing of aircraft sales, the import and export of aircraft, components and spare parts, and structuring arrangements to obtain energy tax exemptions. He also helps MRO companies navigate the pitfalls of tax and customs law.
Olivier Poncet
President, Spanish Business Aviation Association
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Olivier Poncet
President, Spanish Business Aviation Association
Federico Ricci Buffetti
EU Affairs Manager at EBAA
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Federico Ricci Buffetti
EU Affairs Manager at EBAA
Bruce Maltwood
Director, Praxis
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Bruce Maltwood
Director, Praxis
Bruce brings over three decades of experience in the yachting industry, having joined Praxis’ yacht services team in 2006. He began his career initially working in the trust sector in Jersey before moving into the yacht industry in 1989. Onboard activities include various yacht deliveries and training whilst his onshore experience spans brokerage sales, EU import/export, corporate ownership and VAT structuring.
As Director of yacht services, Bruce works closely with yacht owners, family offices, trust companies, captains, lawyers and brokers. His primary focus is advising on the most suitable ownership structures for private and commercial yachts ensuring they are aligned with the owner’s objectives, the planned use of the vessel, and any relevant regulatory or operational considerations.
As a board member, Bruce leads on client service strategy and business development. His experience covers a wide range of ownership and operational models, and he remains actively involved in overseeing the ongoing needs of clients and their vessels throughout the life of ownership.
Bruce is an Associate of the Institute of Directors and brings a pragmatic, client-focused approach to supporting owners through the complexities of yacht ownership and operation.
Rachel Purnell
Senior Manager, Indirect Tax, Equiom Trust Ltd
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Rachel Purnell
Senior Manager, Indirect Tax, Equiom Trust Ltd
Rachel is a leading member of Equiom’s VAT and Customs team. Specialising in Isle of Man (IOM), United Kingdom (UK) and European Union (EU) VAT, Customs and maritime fiscal reporting obligations.
With more than 30 years providing specialist VAT and Customs services, including a notable 12 years working in the tax department of a ‘Big Four’ accountancy firm, she possesses extensive expertise in luxury assets, specifically in yachting and aviation. Rachel assists with real estate transactions, Customs compliance, and fiscal reporting obligations for both commercial and private luxury asset structures. Additionally, she supports clients with Customs importation, exportation, virtual customs warehousing and other special VAT/Customs procedures. Her ability to practically apply IOM/UK and EU legislation allows her to both mitigate risk whilst optimising VAT and Customs duty for a diverse client base.
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NH Collection Barcelona Constanza
The NH Collection Barcelona Constanza hotel is in the heart of Barcelona’s business district, next to Avenida Diagonal and L'illa shopping center. There are plenty of bars and restaurants on the doorstep, and the city center is just 15 minutes away. The building itself is an avant-garde creation by the famous Spanish architect Rafael Moneo.
In the city’s business district, a 15-minute drive from the center
Near Camp Nou – home of Barcelona FC – and close to L’Illa Diagonal shopping center.
Within easy reach of Sants train station, with a direct service to El Prat Airport
We have 308 rooms on 6 floors. Categories range from Superior rooms to suites, and each one comes with a plethora of extras.
Spacious, stylish rooms flooded with natural light
Extras include new mattresses, large flatscreen TVs and rain showers
Guest relations service to help you make the most of your stay.
You can see full details of the hotel using this link here Further Information
Hotel Rooming Block
We have a rooming block available for all attendees of the conference. To reserve your hotel room please follow this link here https://www.nh-hotels.com/en/eventsweb/superyacht---business-jet-tax-2026
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