TTM17031 - Schedule 22 Finance Act 2000: Tonnage Tax Elections

Company or group electionFA00/SCH22/PARA7

(1) A tonnage tax election may be made in respect of-

(a) a qualifying single company (a "company election"), or

(b) a qualifying group (a "group election").

(2) A group election has effect in relation to all qualifying companies in the group.

References