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Europe Daily Bulletin No. 9236

20 July 2006
Contents Publication in full By article 21 / 38
GENERAL NEWS / (eu) eu/state aid/transport

19/07/2006 (Agence Europe) - On 19 July the Commission approved the introduction of a tonnage tax regime for Lithuanian shipping whereby tax liable entities in Lithuania engaged in international transportation by ship or a directly related activity can change the tax base for their operating profits. The measure is designed to stimulate the Lithuanian shipping sector, as ship-owners will pay a lower level of tax for vessels registered in any EU/EEA Member state.

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS