Luxury yacht Luna: Fixed in Hamburg-Who buys the 270 million object?

Luxury yacht Luna: Fixed in Hamburg-Who buys the 270 million object?

The time-honored Lloyd shipyard in Bremerhaven has made headlines again, because the spectacular luxury yacht "Luna" is now for sale-and for a proud 270 million euros. 15 years ago, the impressive ship was built especially for former FC Chelsea owner Roman Abramowitsch. With its 115 meters in length and luxurious interior, the "Luna" offers space for up to 18 guests and 51 crew members. On board there are not only a cinema, but also a dance floor, a beauty salon, a gym and even a beach club that leaves nothing to be desired. Overall, the yacht spoils its guests with nine exquisite cabins on four decks. Incidentally, Abramowitsch once paid more than 400 million euros for the construction of this gorgeous ship, which has been stuck in the port of Hamburg for over three years because the new owner was unable to use the yacht due to divorce disputes. The "Luna" is currently being offered on an online portal, but the question remains who can afford this luxurious swimming residence. Buten and Binnen reports on this unique sales attempt.

But the "Luna" is not the only luxury good associated with Abramowitsch. The oligarch is also known for his mega-yacht "Eclipse", which was once the longest ship in the world at 162.5 meters. This was manufactured at the Blohm & Voss shipyard in the 2000s. Abramowitsch also causes excitement here, because behind the scenes it is speculated that he is said to have evaded taxes in the millions in Germany and other EU countries. Tax models and tricks based on offshore societies can be traced back to a complex company network that has been developed to obtain tax benefits and to avoid considerable tax liabilities. [T-Online] (https://www.t-online.de/nachrichten/ausland/ID_100586056/roman-abramowitsch-luxusyacht-als- Taxfluchen- Instrument-In-deutschland-.html) illuminates these machinations and the various aspects around Abramowitsch and its yachts.

tax accusations and the shadow of the sanctions

Particularly explosive is that Abramowitsch was sanctioned as a result of his connections to Vladimir Putin, which significantly limits his travels and business activities in the EU. Experts show that the yachts were sometimes used as part of an entrepreneurial construct to avoid the tax laws. The focus is on emails and documents that indicate that even when the yachts are refueling, possible tax savings have been sought. In 2012, Abramowitsch threatened tax procedures in Italy, but it remained without consequences. Cyprus also served as a kind of back door to the EU to disguise financial information, which in turn makes the investigation difficult. ZDF examined the dark side of the luxurious world of Abramowitsch.

The "Eclipse" is now off the coast of Türkiye and stays there to avoid the sanctions of the EU. While the limitation periods in Germany can be up to 15 years, it remains unclear whether German tax authorities will actually act against the alleged tax tricks. Abramowitsch himself distances himself from the allegations and states that he has trusted the expertise of his tax and legal advisors. Dealing with such assets and the skillful use of complex financial structures naturally raise some questions.