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European Commission Approves Prolongation of Amendments to the Dutch Tonnage Tax Scheme

31 July 2019

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Approved Changes

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Netherlands-European Union

The European Commission announced on 26 July 2019 that it has approved prolongation of amendments to the Dutch tonnage tax scheme, subject to certain changes in the Dutch tonnage tax law. --- State aid: Commission approves prolongation of amendments to the Dutch tonnage tax scheme The European Commission has authorised, under EU State aid rules, the prolongation of three amendments to the Dutch tonnage tax regime until 31 December 2028. Originally approved in 2009 and 2010, the three measures concern a reduced tonnage tax rate for large vessels exceeding 50 000 net tons, a reduced tonnage tax base for ship...