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Image header Agence Europe
Europe Daily Bulletin No. 11164
ECONOMY - FINANCE - BUSINESS / (ae) taxation

Greece required to end discriminatory taxation of foreign ships

Brussels, 26/09/2014 (Agence Europe) - On Thursday 25 September, the European Commission asked Greece to amend its discriminatory taxation rules for foreign-flagged ships. Under Greek tax rules, Greek-flagged ships and certain vessels managed from Greece are exempt from income tax and instead subject to the simplified and lower special tonnage tax for maritime activities. Foreign-flagged ships, on the other hand, are subject to the less favourable income tax regime. Additionally, Greek...

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