TTM17031 - Schedule 22 Finance Act 2000: Part II Tonnage Tax elections - Para 7 company or group election
FA00/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
Outline of Tonnage Tax elections | TTM02001 |
Company or group election | TTM02100 |