TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Company loses tonnage tax eligibility for ten years after voluntary opt-out, compliance default, or exclusion order</h1> A qualifying company that voluntarily opts out of the tonnage tax scheme, defaults in compliance with specified provisions, or has its option excluded by order becomes ineligible to re-enter the tonnage tax scheme for ten years. This prohibition period begins from the date of opting out, default, or exclusion order. The provision ensures companies cannot easily exit and re-enter the tonnage tax system, maintaining stability and preventing abuse of the scheme's benefits.
TaxTMI 
TaxTMI 
