Independent journal on economy and transport policy
01:38 GMT+2
New low-tax package for German fleet "healthy"
(Shipping Times)
November 16, 1998
NEW fiscal package aimed at promoting the German shipping register is "healthier" than the much criticised KG (limited partnership) system which it replaces, says German classification society Germanische Lloyd (GL).
Rainer Schoendube, a member of GL's executive board, said the new Tonnage Tax system would be an improvement on the KG system because ...... Read more on Shipping Times
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