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PwC: Tonnage tax crucial for offshore carriers

In a new analysis, PwC sheds light on the importance of attractive tonnage tax for offshore carriers. Read on to learn which countries lead the development.

Photo: Maersk Drilling

A new analysis by PriceWaterhouseCoopers, PwC, titled "Corporate taxation in the global offshore shipping industry" sheds light on the importance of tonnage tax for the offshore sector.

One of its conclusions is that Singapore ranks high whereas a country like Denmark is ranked far below the country's global competitors in terms of attractive conditions for offshore shipping companies.

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