TTM03915 - Qualifying companies and ships: Flagging - condition 1

FA00/SCH22/PARA22A (2)

These EU/EEA ‘flagging’ rules were repealed by FA22/S25 (6) and (7) with effect from 1 April 2022

The flagging rules have to be considered at the time when a company starts to operate a ship for the first time.

However, if the company starts to operate a ship that has previously been operated by that company or a company within the same tonnage tax group, then where that ship is registered does not affect whether or not it is a qualifying ship for tonnage tax purposes.

References

| FA00/SCH22/PARA22A (2) | TTM17126 | |————————|———————————————————————————-|