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tonnage tax News




Chinese Taxes To Be Legislation-Based by 2020

by Mary Swire, Tax-News.com, 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, Tax-News.com, 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, Tax-News.com, 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

 


Norwegian Shipping Tax Changes Not State Aid: EFTA

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, December 2, 2014

The European Free Trade Association Surveillance Authority has approved certain amendments to the Norwegian Special Tax System for Shipping, after considering them in relation to the state aid rules of the European Economic Area agreement. Read Full Story

 


European Union Challenges Greek Tax Provisions

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, September 30, 2014

The European Commission has asked Greece to end the discriminatory taxation of foreign-flagged ships and amend legislation on duty-free service stations. Read Full Story

 


EFTA Approves Norwegian Tonnage Tax Regime Tweak

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, September 16, 2014

The European Free Trade Association Surveillance Authority has approved an amendment to the Norwegian Special Tax System for Shipping. Under this scheme, shipping income is exempted from ordinary corporate tax and only a tonnage tax related to the vessel's tonnage is due. Read Full Story

 


French Taxation Of Time-Chartered Ships Quizzed

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, November 13, 2013

The European Commission has announced the launch of an in-depth investigation to examine whether changes to French tax rules for maritime companies are in line with EU state aid rules. Read Full Story

 


London Shipping Week Highlights UK Registry's Perks

by Jason Gorringe, Tax-News.com, London

Tuesday, September 17, 2013

During the five-day London International Shipping Week conference, which concluded on September 13, 2013, discussions focused on the UK's competitiveness as a hub for shipping and associated industries, and the registry's relative appeal. Read Full Story

 


South Africa Drafts Revamped Shipping Tax Regime

by Lorys Charalambous, Tax-News.com, Cyprus

Friday, July 26, 2013

The draft Taxation Laws Amendment Bill, 2013, released by the South African Revenue Service on July 14, 2013, proposes the introduction of an internationally-competitive tax regime for ship operators that register vessels under the South African ensign. Read Full Story

 


Greek Shipowners Agree To Voluntary Tax Payments

By Amanda Banks, Tax-News.com, London

Tuesday, July 23, 2013

Greece's Prime Minister Antonis Samaras has praised the patriotism of Greek shipowners, following the signing of a voluntary agreement that will see 441 shipping companies make extra revenue payments over a three-year period via the Tonnage Tax on cargo. Read Full Story

 

 

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