tonnage tax News

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

Greece Required To Dull Shipping Tax Incentives

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, August 27, 2015

Greece is expected to hike the tonnage tax faced by local shipping companies, as part of its third bailout agreed with international creditors in August. Read Full Story

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