TTM13100 - Partnerships: Operation of ships
The partnership is treated as operating any ship that it does not own or charter in if that ship is owned by, or chartered to, one or more of the partners and provided to the partnership for use in its tonnage tax activities.
This applies even in the absence of a formal charter agreement between the relevant partner or partners and the partnership.
References
| SI00/2303/REG9 (2) (operation of ships by corporate partner) | TTM18009 |
| No double counting | TTM13110 |
| Bareboat charter out | TTM13120 |
| Strategic and commercial management | TTM13130 |
| 75% limit on chartering in | TTM13140 |