Press Release: Commission approves Danish ‘Tonnage Tax’

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Series Details IP/02/396 (12.3.02)
Publication Date 12/03/2002
Content Type

The European Commission decided on 12 March 2002 to approve the Danish maritime Tonnage Tax scheme. Under this scheme, tax due from a maritime shipping company is calculated on the basis of the capacity (tonnage) of the ships used by that company rather than from its profit or loss.

Source Link Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=IP/02/396&format=HTML&rapid=0&language=EN&guiLanguage=en
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