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Stories that are tagged 'tonnage tax'

Cayman Islands Announces New Tonnage Tax Regime
10/26/2011
The Maritime Authority of the Cayman Islands is introducing a new Annual Tonnage Fee structure, which will come into effect on January 1, 2012.
Singapore Provides Tax Incentives For Green Shipping
4/13/2011
Emphasizing Singapore's commitment to address greenhouse gas emissions, the Maritime and Port Authority of Singapore has launched a comprehensive package to promote environmentally-friendly shipping.
Nautilus Welcomes Fiscal Support For UK Maritime Industry
3/31/2011
Multinational trade union, Nautilus has welcomed the news that the seafarers’ income tax concessions and the UK tonnage tax scheme have emerged intact in this year’s UK Budget.
EFTA Approves Norwegian Tonnage Tax
11/8/2010
The European Free Trade Association Surveillance Authority has approved changes to the transitional rules of Norway's Tonnage Tax Scheme.
China Will Standardize Vehicle, Vessel Tax
10/18/2010
Wu Bangguo, chairman of China's National People's Congress (NPC) Standing Committee, has announced that new laws on vehicle and vessel taxation will be debated in the State Council shortly.
Tax Treaty Deters Shipowner From Using NIS Flag
10/6/2010
Seatrans, a Bergen based shipping company, is planning to reflag nine chemical tankers and one paper carrier to Malta by the end of the year.
UK To Hike Tonnage Tax Training Contributions
9/15/2010
The UK government has announced that it is to increase the amount that companies opting to pay corporation tax under the tonnage tax regime are required to pay in respect of contributions towards the training of seafarers in the United Kingdom.
Australian Tonnage Tax Proposed
8/16/2010
If re-elected, the Australian government has promised to introduce tax and other measures to strengthen Australia’s shipping industry, by reducing costs for Australian ships and placing the industry on a sustainable footing with regard to both its international and domestic competitors.
Netherlands Further Enhances Tonnage Tax Regime
7/22/2010
Dutch Minister for Finance, Jan Kees De Jager has announced that the government has broadened the scope of its tonnage tax regime to include cable and pipe laying vessels, research vessels and crane vessels.
Report Highlights EU Maritime Taxes
5/11/2010
The European Parliament Committee on Transport and Tourism has adopted a report which urges European Union member states to work cohesively to establish Europe’s maritime industry on a more competitive basis, to challenge so-called ‘flags of convenience.’
Indian Shipping Taxes Criticized
5/4/2010
The Indian ministry of finance has published a working paper which, among other issues, deals with rationalizing the tax and tariff system as it relates to the shipping industry, in order to make Indian services more competitive.
EC Endorses Cypriot Maritime Tax
3/26/2010
The Cypriot government has received approval from the European Commission to phase out levying corporation tax on companies engaged in international maritime transport in favour of a tonnage-based tax regime.
Taiwan To Change Its Maritime Transport Taxation
2/15/2010
Taiwan’s government has approved a provision within the income tax law that would allow shipping companies engaged in international maritime transportation to change the basis of their taxation.

 

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