Shipping taxation: perspectives and impact on flag choice
by Peter Marlow, Kyriaki Mitroussi
International Journal of Shipping and Transport Logistics (IJSTL), Vol. 3, No. 4, 2011

Abstract: The tax treatment of the shipping industry over the last 30 years exhibits alternative forms of corporate taxation systems implemented by various governments. A consensus view of the way in which shipping should be treated for tax purposes has resulted in the widely adopted form of the tonnage tax. The aim of the paper is to examine the success or otherwise of such shipping fiscal policies in respect of widely accepted perspectives and set objectives. The focus of the study is on the UK registry, investigating the impact of the introduction of the UK tonnage tax. Noteworthy results emerge along with the understanding that, in the long run, the tonnage tax seems to be connected more with the 'flagging out' of foreign owned tonnage than with the 'flagging in' of nationally owned vessels. The findings can be considered to have broader implications for the competitiveness of national ship registries and for policy making.

Online publication date: Sat, 21-Feb-2015

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

 
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Shipping and Transport Logistics (IJSTL):
Login with your Inderscience username and password:

    Username:        Password:         

Forgotten your password?


Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com