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Europe Daily Bulletin No. 8841

4 December 2004
Contents Publication in full By article 15 / 42
GENERAL NEWS / (eu) eu/state aid/transport
Danish tonnage-based flat-rate tax scheme to work more in favour of shipping companies

Brussels, 03/12/2004 (Agence Europe) - On Wednesday, the European Commission decided to allow Denmark to alter its tonnage-based flat-rat tax scheme (the "Tonnage Tax") to make it more favourable to shipping companies. This will be a technical alteration, allowing for a better definition of what is and is not eligible for the "Tonnage Tax". In future, this alteration will allow the Danish scheme to cover revenue raised by renting out sales areas on board passenger ships (for example, a ship...

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