86 Mr. Howlin asked the Minister for Finance his plans to review the operation of the tonnage tax, under which certain shipping operators will opt to pay a notional tax based on tonnage, rather than standard corporation tax; the number of vessels that qualify and the amount of tax foregone; his further plans to impose any conditions on companies opting for this system, such as a requirement to employ crews' an acceptable level of payment and conditions; and if he will make a statement on the matter. [18271/05]

Summary

86 Mr. Howlin asked the Minister for Finance his plans to review the operation of the tonnage tax, under which certain shipping operators will opt to pay a notional tax based on tonnage, rather than standard corporation tax; the number of vessels that qualify and the amount of tax foregone; his further plans to impose any conditions on companies opting for this system, such as a requirement to employ crews' an acceptable level of payment and conditions; and if he will make a statement on the matter. [18271/05]

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• Tax Code.

  xml · EN · 1 June 2005

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