Cookies Policy
X

This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies.

I accept this policy

Find out more here

Tonnage Tax And Tax Competition

Brill’s MyBook program is exclusively available on BrillOnline Books and Journals. Students and scholars affiliated with an institution that has purchased a Brill E-Book on the BrillOnline platform automatically have access to the MyBook option for the title(s) acquired by the Library. Brill MyBook is a print-on-demand paperback copy which is sold at a favorably uniform low price.

Access this chapter

+ Tax (if applicable)

Chapter Summary

Taxation is by its nature one of the main elements distorting competition. Traditionally, most developed states around the world impose as their main business tax a tax calculated on business profits. This chapter deals with cases of legal orders which abolish ordinary corporate tax in favour of the tonnage tax. It uses Greece as an example of the tonnage tax system, not only because the reporter himself is Greek and is, thus, better acquainted with the Greek system, but also because the Greek tonnage system is a pure tonnage tax system, i.e., a system which completely replaces corporate tax, and in addition it is one of the oldest in Europe and one of the most sophisticated, accompanied by constitutional guarantees and often used as a model for other countries which wish to develop tonnage tax systems.

Keywords: business profits; corporate tax; Greek tonnage system; tax competition; tonnage tax

10.1163/ej.9789004173958.i-404.98
/content/books/10.1163/ej.9789004173958.i-404.98
dcterms_subject,pub_keyword
6
3
Loading

Sign-in

Can't access your account?
  • Tools

  • Add to Favorites
  • Printable version
  • Email this page
  • Recommend to your library

    You must fill out fields marked with: *

    Librarian details
    Your details
    Why are you recommending this title?
    Select reason:
     
    Competition and Regulation in Shipping and Shipping Related Industries — Recommend this title to your library
  • Export citations
  • Key

  • Full access
  • Open Access
  • Partial/No accessInformation