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Stories that are tagged 'tonnage tax'

Greek Shipowners Agree Extra Tax Payments

by Lorys Charalambous,, 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,, 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,, 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,, 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,, 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,, 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


Europe's 'Final Deal' For Greece Released

by Ulrika Lomas,, Brussels

Monday, June 29, 2015

The European Commission on June 28, 2015, released information on the current negotiating position of the European Commission, the European Central Bank, and the International Monetary Fund, in its ongoing talks on tax and spending policy with Greece, after the Greek Government announced a referendum on the country's future in the EU on the same day. Read Full Story


Chinese Taxes To Be Legislation-Based by 2020

by Mary Swire,, Hong Kong

Friday, March 27, 2015

The Standing Committee of the National People's Congress has stated that, by 2020, all of China's taxes are expected to be based in legislation, rather than being imposed through government regulations from the State Council. Read Full Story


UK Brief Issued On Tonnage Tax Eligibility For New Ships

by Jason Gorringe,, London

Wednesday, February 11, 2015

The UK tax authority, HM Revenue and Customs, recently released a new Brief informing shipping companies that they must carry out a "flagging test" to determine the eligibility of their vessels to tonnage tax, as this fiscal year is not an "excepted year." Read Full Story


France Agrees Tonnage Tax Changes

by Ulrika Lomas,, Brussels

Friday, February 6, 2015

The European Commission has closed an in-depth investigation into French tax rules for maritime companies, after France said that it would enforce minimum flagging requirements for tonnage regime taxpayers. Read Full Story




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