Part 24A – Shipping: tonnage tax (ss 697A-697Q)

Contents

Section 697A – Interpretation [TCA 1997 s 697A] Section commentary
Section 697B – Application [TCA 1997 s 697B] Section commentary
Section 697C – Calculation of profits of tonnage tax company [TCA 1997 s 697C] Section commentary
Section 697D – Election for tonnage tax [TCA 1997 s 697D] Section commentary
Section 697E – Requirement that not more than 75 per cent of fleet tonnage is chartered in [TCA 1997 s 697E] Section commentary
Section 697F – Requirement not to enter into tax avoidance arrangements [TCA 1997 s 697F] Section commentary
Section 697G – Appeals [TCA 1997 s 697G] Section commentary
Section 697H – Relevant shipping income: distributions of overseas shipping companies [TCA 1997 s 697H] Section commentary
Section 697I – Relevant shipping income: cargo and passengers [TCA 1997 s 697I] Section commentary
Section 697J – Relevant shipping income: foreign currency gains [TCA 1997 s 697J] Section commentary
Section 697K – General exclusion of investment income [TCA 1997 s 697K] Section commentary
Section 697L – Tonnage tax trade [TCA 1997 s 697L] Section commentary
Section 697LA – Transactions between associated persons and between tonnage tax trade and other activities of same company [TCA 1997 s 697LA] Section commentary
Section 697LB – Treatment of finance costs [TCA 1997 s 697LB] Section commentary
Section 697M – Exclusion of reliefs, deductions and set-offs [TCA 1997 s 697M] Section commentary
Section 697N – Chargeable gains [TCA 1997 s 697N] Section commentary
Section 697O – Capital allowances: general [TCA 1997 s 697O] Section commentary
Section 697P – Withdrawal of relief etc. on company leaving tonnage tax [TCA 1997 s 697P] Section commentary
Section 697Q – Ten year disqualification from re-entry into tonnage tax [TCA 1997 s 697Q] Section commentary

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