IDEAS home Printed from https://ideas.repec.org/a/taf/marpmg/v29y2002i4p393-404.html
   My bibliography  Save this article

UK tonnage tax: subsidy or special case?

Author

Listed:
  • Evangelia Selkou
  • Michael Roe

Abstract

Following the introduction of tonnage tax for UK-based shipping companies in 2000, the industry now has the opportunity to opt for a tax regime that is beneficial in contrast to the corporation tax applied to most other sectors. This paper aims to summarize the tonnage tax scheme and then to go on to assess whether its introduction was appropriate. In doing so, it assesses whether the benefits it brings to the UK shipping industry are in fact fiscally justifiable in terms of the advantages that have been suggested recently by a number of commentators. These are claimed to derive from the comparative advantage of the UK shipping industry, the need for more skilled on-shore shipping staff with sea-going experience, and in terms of sustaining the maritime cluster typified by the maritime activities of the City of London.

Suggested Citation

  • Evangelia Selkou & Michael Roe, 2002. "UK tonnage tax: subsidy or special case?," Maritime Policy & Management, Taylor & Francis Journals, vol. 29(4), pages 393-404.
    • Handle: RePEc:taf:marpmg:v:29:y:2002:i:4:p:393-404
    DOI: 10.1080/03088830210144297
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/03088830210144297
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/03088830210144297?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Olaf M. Merk, 2020. "Quantifying tax subsidies to shipping," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 22(4), pages 517-535, December.
    2. Koliousis, Ioannis G. & Papadimitriou, Stratos & Riza, Elena & Stavroulakis, Peter J. & Tsioumas, Vangelis, 2019. "Strategic correlations for maritime clusters," Transportation Research Part A: Policy and Practice, Elsevier, vol. 120(C), pages 43-57.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:marpmg:v:29:y:2002:i:4:p:393-404. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/TMPM20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.