Shipping Tax Reform - The New Tonnage Tax Regime.
Mondaq Business Briefing › Nbr. 2010, January 2010
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Shipping Tax Reform - The New Tonnage Tax Regime.
The Cyprus registered fleet is among the largest in the EU and the tenth largest worldwide, and Cyprus has developed into the largest third party ship management centre in the EU.
The Merchant Shipping (Fees and Taxing Provisions) Law of 2010 ("the Tonnage Tax Law") was enacted on 29 April 2010 and has retroactive effect from 1 January 2010. The new law has been approved by the European Commission as complyi...See the full content of this document
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