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tonnage tax meaning in Hindi

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tonnage tax sentence in Hindi
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  1. By 2008 changes to the tonnage tax regime to harmonize them with the European Union forced some companies to register in Cyprus.
  2. In addition to the high operating profit margin, the companies paid tonnage tax rate of 0.49 % of their profit.
  3. New next generation vehicles, including electric and fuel cell vehicles, plug-in hybrids, hybrid electric vehicles, clean diesel and natural gas vehicles are exempted from both the acquisition tax and the tonnage tax.
  4. The tonnage tax reductions are in effect from April 1, 2009 until April 30, 2012 and the incentive is applicable once, at the time of the first mandatory inspection, three years after the vehicle purchase.
  5. Limassol is today the largest ship management service centre in Europe with more than 60 ship management companies located in the city, as due to the Cyprus Shipping tax system ( a choice between corporation tax or a tonnage tax system ) it makes it very attractive for crew management companies and ship management companies to have their main offices in Limassol.
  6. As an example, the amount exempted for the purchase of a new next generation vehicle is 81, 000 yen ( ~ US $ 975 ) corresponding to the acquisition tax, and 22, 500 yen ( ~ US $ 271 ) for the tonnage tax, for a total of 103, 500 yen ( ~ US $ 1, 246 ).


Related Words

  1. tonnage duty
  2. tonnage income
  3. tonnage of any vessel
  4. tonnage rating
  5. tonnage schedule
  6. tonnage tax activities
  7. tonnage tax company
  8. tonnage tax reserve account
  9. tonnage tax scheme
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