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New On The Network Today
This feed is published daily with selected new or updated
content from across our network. For a list of network sites, many of
which feature daily news, see below. |
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| 29/07 New
Lowtax Editor Column, by Kitty Miv |
| 28/07 New
PBTG Editor Column, Caroline, PBTG editor |
| 27/07 UK Launches Raft Of Tax Consultations, Tax-News.com |
| 26/07 Fat
Tax On The Menu
, Jeremy Hetherington-Gore blog entry |
| 23/07 Sarkozy Seeks 'Fiscal Convergence' With Germany, Tax-News.com |
| 20/07 Singapore
Base For Tuvalu OIFC, Tax-News.com |
| 19/07 Expats
Turn Backs On US Taxes, Tax-News.com |
| 16/07
Congress Approves US Financial Reform Bill, Tax-News.com |
| 15/07 New
Lowtax Editor Column, by Kitty Miv |
| 15/07 St
Vincent & The Grenadines, Investors Offshore special feature |
13/07 Tax-News.com
Jersey Review 2010-2011 |
| 12/07 Goodbye
To All That, Jeremy Hetherington-Gore blog entry |
| 09/07
Antigua Pursuing Trade Sanctions Against US, Tax-News.com |
| 08/07 New
Lowtax Editor Column, by Kitty Miv |
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06/07 Hong
Kong Full PBTG Guide, added to Personal Business Tax Guide |
| 05/07
Australian Mining Tax Agreement Reached, Tax-News.com |
| 02/07 Online
Trading For Expats, Investors Offshore special feature |
| 29/06 EC
To Extend Common System Of VAT, Tax-News.com |
| 28/06
Lowtax Dubai, annual update |
| 25/06 Jersey
Considers Tax Future, Tax-News.com |
| 22/06 VAT
Hiked In UK Emergency Budget, Tax-News.com |
| 21/06 Steady
Progress In TPP Negotiations, Tax-News.com |
| 18/06 Singapore
- Another Hong Kong?, Investors Offshore special feature |
| 15/06 Swiss
Parliament Approves UBS Agreement, Tax-News.com |
| 14/06 Ethical
Moonshine, Penelope Wise blog entry |
| 11/06 Germany
Purchases Stolen Tax Data Disc, Tax-News.com |
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08/06 Dubai
Full PBTG Guide, added to Personal Business Tax Guide |
| 07/06 G-20
Shelves Global Bank Tax, Tax-News.com |
| 04/06
Lowtax Panama, annual update |
| 01/06
Lowtax Luxembourg, annual update |
| 31/05
OECD And EU Strengthen Tax Cooperation, Tax-News.com |
| 28/05
Lowtax Guernsey, annual update |
| 25/05
Lowtax Jersey, annual update |
| 24/05 Lithuania
Summary PBTG Guide, added to Personal Business Tax Guide |
| 21/05
Lowtax Liechtenstein, annual update |
| 18/05 Latvia
Summary PBTG Guide, added to Personal Business Tax Guide |
| 17/05 Offshore
And The Euro, Jeremy Hetherington-Gore blog entry |
| 14/05 IO
Focus: Barbados, Investors Offshore special feature |
| 03/03
Personal Business
Tax Guide, PBTG, has launched! |
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| Providing essential tax news and information for globally
mobile artists, contractors, entrepreneurs, professionals, small businesses,
sportspersons and entertainers. |
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| Lowtax Network Sites |
| Lowtax Network Portal:
'Low-tax' business and investment in the top 50 jurisdictions covered in
exceptional detail. |
| Tax News: Global
tax news, continuously updated through the day. |
| Investors Offshore:
The independent offshore and alternative investment guide for expatriates
and the globally aware investor. Sponsored by HSBC
Bank International. |
| Law & Tax
News: Daily news and background data on tax and legal developments
for international business. |
| Offshore-e-com:
A topical guide to offshore e-commerce focused on tax and regulation. |
| Lowtax Library:
One of the web's largest and most authoritative business and investment
information sources. |
| US Tax Network:
The resource for free online US taxation information, covering: corporate
tax, individual tax, international tax, expatriates, sales and e-commerce
tax, investment tax. |
| NEW! Personal
Business Tax Guide: Providing essential tax news and information
on business for contractors, entrepreneurs, professionals, small businesses,
artists, sportspersons and entertainers. |
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| IoM Ship Registry Introduces Annual Fee |
by Amanda Banks, Tax-News.com, London
Wednesday, March 03, 2010
The Isle of Man Ship Registry is to introduce an annual registration
fee for the first time in its 25-year history. Uniquely,
The fee has been set at GBP700 per merchant vessel
(currently about USD1,000) which compares favourably with the cost of
registration with competitor flags.
Unlike other registries, the fee will not be dependent upon ship
size or type. In addition the IoM Registry will grant "substantial
discounts" for multi-vessel owners registering with the flag. The
Registry has also announced that it is cutting the costs of other fees
for services and certification as a result of the introduction of the
annual fee.
The Isle of Man’s Ship Registry last year withheld an increase in
its fees and promised the industry it would produce a revised structure
for fees in recognition of the tough times that many owners now face.
An IoM Ship Registry statement said: "After a long period of
consultation with the leading flag users and other owners, it was
apparent that regular income from ships on the register would provide a
more equitable fee system which will be effective from April 2010. As
the international obligations of running a register become more
onerous, this new funding will narrow the Ship Registry’s operating
deficit whilst maintaining its not-for-profit status – a key
differentiator between the Isle of Man flag and other registries. A
release from the Isle of Man emphasized that the fee restructure
continues to be in line with this approach."
The new fee structure offers discounts for owners and operators
of multi-ship fleets on a sliding scale of discounts up to 25%, for
operators of fleets in excess of 50 ships under the Manx Flag.
Minister for Trade and Industry, David Cretney, commented: “The
introduction of the fee has been done in co-operation with the Isle of
Man’s shipping sector. I am very confident that its introduction will
still enable the Ship Registry to continue to deliver the very high
standards that its clients have been accustomed to.”
Dick Welsh, Director of the Isle of Man Ship Registry added:
“We consulted widely, and this new fee system has been well
received by our clients and potential clients. For the first time it
provides owners with a direct comparison between our fees and those on
offer from other flags where we believe we will come out favourably
every time.”
“This has also allowed us to look at our other fees for services
and certification, which we have been able to reduce accordingly. It is
a new approach for us and we are delighted with the feedback we have
received.”
“On a direct cost comparison basis with other flags, the Isle of Man
still represents the best value for money for international owners
seeking to place tonnage on a reputable, non-Flag of Convenience
register.”
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| THE LOWTAX LIBRARY
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