https://www.taxtmi.com/manuals?id=1673 A qualifying company that opts out of the tonnage tax scheme, defaults on transferring profits to the tonnage tax reserve (section 115VT), fails the training requirement (section 115VU), breaches the character limit in tonnage (section 115VV), or is excluded under an order under section 115VZC(1) for abuse, is ineligible to opt into the tonnage tax scheme for ten years from the date of the opt-out, default, or exclusion order. en-us Thu, 27 Jul 2017 18:18:00 +0530 Tue, 07 May 2024 14:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=1673 A qualifying company that opts out of the tonnage tax scheme, defaults on transferring profits to the tonnage tax reserve (section 115VT), fails the training requirement (section 115VU), breaches the character limit in tonnage (section 115VV), or is excluded under an order under section 115VZC(1) for abuse, is ineligible to opt into the tonnage tax scheme for ten years from the date of the opt-out, default, or exclusion order. Manuals Income Tax Thu, 27 Jul 2017 18:18:00 +0530 https://www.taxtmi.com/manuals?id=1673