Press Release: UK tonnage tax gets green light from Commission

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Series Details IP/00/769 (12.7.00)
Publication Date 12/07/2000
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On 12.7.00 the European Commission cleared the proposed UK Tonnage Tax Regime. The initiative aims to help make UK shipping more competitive in the global market by creating a positive fiscal environment for shipping, in line with other major maritime countries. It also includes training incentives aimed at preserving and rebuilding EC maritime employment and know-how. Within the EU, Germany, Greece and the Netherlands all currently have tonnage tax schemes in force.

Source Link http://europa.eu/rapid/pressReleasesAction.do?reference=IP/00/769&format=HTML&rapid=0&language=EN&guiLanguage=en
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