login
login

Europe Daily Bulletin No. 7758

14 July 2000
Contents Publication in full By article 30 / 45
GENERAL NEWS / (eu) eu/taxation
Commission authorises British "tonnage tax" regime in maritime sector

Brussels, 13/07/2000 (Agence Europe) - The European Commission authorised a tax system in favour of shipping, notified by the United Kingdom. This regime foresees to calculate the amount in tax on the profit paid by the shipping company based on the net tonnage of each of ship operated by these companies, instead of taxation based on operating profits. This system, voluntarily adopted by the companies, contains a series of measures aimed at avoiding distortions of competition and the social...

Contents

THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION