Tonnage Tax schemes

UK shipping firm P&O re-flagging two vessels to Cyprus ahead of Brexit

LONDON, Dec 18 (Reuters) - British ferry and shipping freight operator P&O is reviewing its UK-registered fleet and is already re-flagging two vessels to keep European Union tax arrangements ahead of Britain’s departure from the bloc, the company said.

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European Commission approves extension of Danish tonnage tax scheme to new types of vessels

Brussels, 12 October 2018 - European Commission - Press release The European Commission has approved under EU State aid rules the extension of the existing Danish tonnage tax scheme to additional types of vessels. This will encourage ship registration in Europe and contribute to the global competitiveness of the sector without unduly distorting competition.

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