Independent journal on economy and transport policy
01:39 GMT+2
Shipowner calls for tonnage tax
(Cargo Info Africa - Freight & Trading Weekly)
May 16, 2001
It would create a more tax-friendly environment
Alan Peat
RAISING ITS restive head again is tonnage tax - a beneficial type of tax regime intended to encourage local shipowning. This is a limited fixed tax which is based on a shipowner's total freight tonnage handled - not an income tax as is currently the case. Victor Restis, executive chairman of SA Marine ...... Read more on Cargo Info Africa - Freight & Trading Weekly
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