Schedule 22 Finance Act 2000: Part II Tonnage Tax elections - Para 7 company or group election
(1) A tonnage tax election may be made in respect of-
(a) a qualifying single company (a “company election”), or
(b) a qualifying group (a “group election”).
(2) A group election has effect in relation to all qualifying companies in the group.
|Outline of Tonnage Tax elections||TTM02001|
|Company or group election||TTM02100|