TTM14230 - Exiting tonnage tax: Effects of exiting tonnage tax regime

Exit charge: Company leaves tonnage tax more than once

Where a company ceases to be a tonnage tax company on a second or subsequent occasion, then references to a six-year period do not include any period prior to the company’s most recent entry into tonnage tax (FA00/SCH22/PARA141).

References

FA00/SCH22/PARA141 (second or subsequent application of FA00/SCH22/PART14)	TTM17781