The practice of flagging out, that is, registering a yacht in a foreign country while keeping it in Italy, is legal only if it complies with the rules. When used to evade taxes and fail to declare the asset in the RW section, it becomes a crime. The Guardia di Finanza’s “Red Jack” operation in Cagliari recently uncovered 100 “ghost yachts” worth €48 million, with fines of up to €23 million. This isn’t tourism; it’s damaging the Sardinian economy. #sardinia #yacht
https://sardiniaworld.blog/responsible-nautical-tourism-in-sardinia-an-opportunity-to-grow-together/


