TTM01250 - Introduction to tonnage tax: Tonnage tax as a State aid

Tonnage tax is subject to “subsidy control” arrangements now administered by UK ministry teams following the UK’s departure from the EU. These will control the extent of fiscal subsidy although in a less restrictive way than formerly, applying the principles of the UK/EU Trade and Co-operation Agreement. The detailed rules of the EU Commission’s Maritime State Aid Guidelines no longer apply.