MFS Insights · Page 6 of 13
Maritime Businesses Insights — Page 6
Continue exploring tax, accounting and financial questions for maritime businesses. Read the articles below or return to the main hub for service information.
Latest Maritime Intelligence
77 articles
Revolut Founder Denies €17.5M Broker Claim Over Reported €350M Superyacht Nixie Deal
Revolut founder Nik Storonsky denies owing Cecil Wright & Partners €17.5M over the reported €350M purchase of Lürssen superyacht Nixie.
Read articlePersonal Use of a Charter Yacht: What Owners Must Document
How owner personal use affects charter economics, documentation and tax analysis for a yacht operated as a charter business.
Read articleAmerican Mariner Tax Fairness Act: A Potential FEIE Break—with Narrow Eligibility
H.R. 10153 could create FEIE relief for qualifying U.S. merchant mariners, but it is only proposed legislation and most yacht crew likely do not qualify.
Read articleYacht Charter Accounting: What Owners Must Track Every Month
Yacht charter accounting must track gross revenue, commissions, APA, crew, owner funding, personal use, OPEX, CAPEX, refits, reconciliations and tax-basis records.
Read article
Eric Schmidt’s $172M Yacht Is for Sale. Here’s What It Really Costs
Eric Schmidt's Whisper yacht is reportedly listed near $172.5M. See the real ownership math: purchase price, charter income, operating costs, refits and opportunity cost.
Read articleWhat Does a $10 Million Yacht Really Cost to Own?
A $10 million yacht can require $14.66M in first-year liquidity and $2.49M per year to operate. See crew, fuel, dockage, charter, refit and resale costs.
Read articlePut the next step in context.
Discuss the records, filings or financial decisions that need attention. We can help identify the appropriate service and next step.
Speak with an AdvisorExplore maritime businesses services →