A proposed tax on superyachts and other foreign-flagged vessels of over 40m anchoring within Auckland’s navigable waters has been dropped
Auckland Council has dropped a proposed daily anchoring fee that would have seen superyachts and other foreign-flagged vessels of over 40m billed each time they anchored within Auckland’s navigable waters. Industry association NZ Marine worked closely with the Council to ensure the tax was dropped.
“Working with Auckland Council, experts from within our own organisation, NZ Marine, as well as from the Royal New Zealand Yacht Squadron and Emirates Team New Zealand, were able to help Council appreciate just how much of a deterrent a daily anchoring fee would have been to foreign vessels planning to visit our shores, particularly for the Prada and America’s Cup in 2020/21,” says Peter Busfield, executive director of NZ Marine.