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 Manuals
of of All Manuals
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Tonnage Tax Limits: 49% Charter Cap Triggers Tax Scheme Disqualification for Shipping Companies</h1> A tonnage tax company can charter in up to 49% of its net tonnage during a previous year. If the chartered-in tonnage exceeds this limit, the company loses its tonnage tax scheme benefits for that year. If the limit is exceeded in two consecutive years, the tonnage tax option ceases entirely. Calculation of net tonnage involves dividing total chartered-in ton days by total ton days operated. Bareboat charter-cum-demise ships are excluded from this calculation.
TaxTMI 
TaxTMI 
