Ships are much more efficient than cars. Having said that, this wouldn’t have a huge range, nor is it terribly big by container ship standards.

Ok, so the point I was originally trying to make was that claiming a yacht as an entertainment expense was less attractive. Would you agree?

Yeah, so to simplify, written off at a different rate.

They would have to justify how it is a part of the companies operations. In theory at least.

So a private jet to fly your execs to business meets? Ok.

A yacht? Maybe for entertaining customers? I don’t know about the US, but here in Australia entertainment expenses are written off at a lower rate than other business expenses.

So many more books : )

I don’t see anyone say here that under normal circumstances you have to identify yourself to police upon their request. I’m fairly certain this is true for all Australian states. It certainly is here in Queensland.