The Irish Finance Act 2003 brought a new tonnage tax regime into effect in Ireland which will mean companies carrying on qualifying shipping activities out of Ireland will pay minimal corporation tax.
The regime was introduced along with a wider promotion of shipping by the Irish Government, through the establishment of the Irish Maritime Development Office and the proposed introduction of a modern system of ship registration in Ireland for commercial vessels. Together, these measures are expected to make Ireland a more attractive country, both for Ireland’s indigenous shipping industry and for foreign shipping companies relocating to Ireland.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]