Partnerships: Operation of ships
The partnership is treated as operating any ship that it does not own or charter-in if that ship is owned by, or chartered to, one or more of the partners and provided to the partnership for use in its tonnage tax activities.
This applies even in the absence of a formal charter agreement between the relevant partner(s) and the partnership.
|SI00/2303/REG9(2) (operation of ships by corporate partner)||TTM18009|
|No double counting||TTM13110|
|Strategic and commercial management||TTM13130|
|75 per cent limit on chartering-in||TTM13140|