tonnage tax News

Cyprus Extends Tax Compliance Dates In Light Of COVID-19
by Lorys Charalambous, Tax-News.com, Cyprus
Wednesday, April 15, 2020
The Cyprus Government has announced a number of extensions to tax return filing dates. Read Full Story

EU Approves New Tonnage Tax Schemes
by Ulrika Lomas, Tax-News.com, Brussels
Tuesday, December 31, 2019
The EU has approved under state aid rules the introduction of a tonnage tax scheme in Estonia and the prolongation of a tonnage tax scheme in Cyprus. Read Full Story

Maltese Tonnage Tax Scheme Approved By EU
by Jason Gorringe, Tax-News.com, London
Wednesday, December 20, 2017
Malta's tonnage tax scheme has been conditionally approved for a period of 10 years by the European Commission under EU state aid rules. Read Full Story

Belgium Allowed To Offer Tonnage Tax Until At Least 2022
by Ulrika Lomas, Tax-News.com, Brussels
Monday, November 6, 2017
The European Commission has approved under EU state aid rules the prolongation until end 2022 of various Belgian support measures for maritime transport. Read Full Story

Greek Shipping Firms Unhappy With Tax Regime
by Lorys Charalambous, Tax-News.com, Cyprus
Wednesday, September 6, 2017
Tax regime instability has been cited by Greek shipping companies as a reason why they would consider switching to an alternative jurisdiction, according to a report by EY. Read Full Story

Greek Shipowners Agree Extra Tax Payments
by Lorys Charalambous, Tax-News.com, Cyprus
Tuesday, July 4, 2017
The Greek shipping industry has agreed to renew a tax agreement under which shipping companies pay additional tax to the Government. Read Full Story

EFTA Approves Norwegian Tonnage Tax Extension
by Ulrika Lomas, Tax-News.com, Brussels
Monday, November 14, 2016
The European Free Trade Association Surveillance Authority has approved a six-month extension of the current Norwegian special tax system for shipping under the area's state aid rules. Read Full Story

Norway Reaffirms Corporate Tax Cut Pledge
by Ulrika Lomas, Tax-News.com, Brussels
Tuesday, April 12, 2016
Norwegian Finance Minister Siv Jensen has said that Norway's corporate tax is too high and should be reduced as part of a wider package of measures designed to boost economic growth. Read Full Story

EC: Greece Should Better Target Tonnage Tax
by Ulrika Lomas, Tax-News.com, Brussels
Tuesday, December 22, 2015
The European Commission has said that Greece's tonnage tax may breach European Union state aid rules by allowing shareholders of shipping companies to benefit from favorable tax treatment. Read Full Story

Japan To Restructure, Cut Tax On Vehicles
by Mary Swire, Tax-News.com, Hong Kong
Thursday, December 10, 2015
The Japanese Government is planning to set out a new simplified car tax framework based on fuel efficiency, to replace the country's vehicle acquisition tax. Read Full Story
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