Billionaire's yachts are the biggest party palaces the world has ever seen | Daily Mail Online
Many people don't seem to realise that these boats are run as a business. They can be made available for rent,thus providing an income. In which case,the boat is an asset of the company and subject to tax allowances for depreciation and running costs.
In corporate accounting, if one or more branches makes a loss,then that loss can be set against any other profits. The boat need only be available to rent and the rental business will probably lose money. This don't matter a bit.
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