08. Januar 2014 No tonnage tax for short-term operations The Supreme Tax Court has held that an option to tax international shipping operations on the basis of the net registered tonnage operated depends on the intention to operate for at least a year after putting the ship into service (commissioning). A gain on the sale of a ship prior to commissioning is not an ancillary transaction to the tonnage tax operations of her replacement, even if the sale proceeds are used to finance the new vessel. Kategorien: Supreme Tax Court casesSchlagwörter: tonnage tax, short-term operation, inter ...