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Newsletter | Tax - ESA has approved Norwegian tonnage taxation for a new period of ten years

Published 12/28/2017

The European Surveillance Authority (ESA) announced today that Norwegian tonnage taxation has been approved for a new decade, from 1 January 2018 to 31 December 2027. The main principles of the existing regime are continued, but the approved regime includes as expected some new restrictions, including limitations on tonnage taxed companies’ right to charter out vessels on bareboat terms.

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This newsletter contains information in summary form and is therefore intended for general guidance only. It is not intended to be a substitute for detailed research or the exercise of professional judgement. BAHR will not accept any responsibility for loss occasioned to any person acting or refraining from action as a result of any material in this newsletter.
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Advokatfirmaet BAHR AS
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