EU: Commission approves Belgian tax measures for maritime transport

The European Commission has approved the prolongation of various Belgian support measures for maritime transport. The scheme encourages shipping companies to register their ships in Europe and so ensure higher social, environmental and safety standards. Belgium has committed to a number of changes to its scheme to prevent any discrimination between shipping companies and registries of different European Economic Area (EEA) States and to avoid undue competition distortions. The Belgian authorities have also committed to extend the benefit of tonnage tax to all eligible ships that fly an EEA flag. More information is available here.

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