The Law Regarding The Tax On Shipping

Original Language Title: Laki merenkulun veronhuojennuksista

Subscribe to a Global-Regulation Premium Membership Today!

Key Benefits:

Subscribe Now

Read the untranslated law here: http://www.finlex.fi/fi/laki/ajantasa/1981/19810433

The speaker of Parliament, in accordance with article 1 of the decision provides that the activities of the taxable person of State shipping company for tax reductions and kunnallisverotuksessa provided for in this Act.
This law is order, and ship acquisition reserve provisions do not apply to laivanisännistöyhtiön, and the company tax Act (272/83) laivanisännistöyhtiöön and referred to in the provisions of this Act in respect of the vessel belonging to the company for such a company. (18.3.1983/274) of article 2 of the taxable person, by written contracts at a fixed price of binding between 1981 and 1990, the space in Finland for the construction of the net registered tonnage of the ship, at least 19 of the tonnage is entitled to tax reduces the performance of the economy result in taxation of shipping (360/68) for the removal of the ship referred to in section 30 of the acquisition cost as of the tax year in which the contract is made. At a time before the introduction of the ship responsible for depreciating an asset using the is deductible up to a maximum of 20% of the acquisition cost (subscription). (13.12.1985/950)
The Ministry of finance may, upon application by the taxable person of the right to order the specific reasons for the reduction of the depreciation to grant more than the performance, as well as the rest of the ship's equipment as the basis of the acquisition of a ship referred to in subparagraph (1).


Article 3, paragraph 2, the deletion will be done on each vessel of the acquisition cost. Depreciating an asset using the taxable person does not lead to a reduction in the more than what he has in the past fiscal year and their books.


section 4 If, on the basis of article 2 of the contract, that the removal was, or will be transferred to a third person, or if the contract is void, the purchase price of the vessel removed from the amount shall be deemed to be the income, the tax year in which the agreement has been dismantled or moved or become null and void.
Damaged, as well as the supply of a vessel and a fallen or for any other reason, a loss of all or part of the cost of the acquisition, which is provided for in article 2 of the above, minus the disposal price or other consideration received, should be recognised as income and shall be deducted from the acquisition cost of the undepreciated part of you during the tax year, the date on which the ship is handed over or loss has been found.


§ 5 in the case of taxable persons to continue the operation of the ship's equipment and makes it likely that they intend to buy a new ship from Finland or here to fix the damaged ship should be recognised as income within the meaning of section 4, the ship received a taxable supply of the price and the rest of the consideration for the acquisition, with the exception of poistamatonta part of the purchase price of the new vessel, or by reducing it to the damaged ship in order for placing the ladies. The price of the supply and the consideration, or part thereof, which is not as specified above for the fiscal year, the date on which the vessel has been reduced you handed over, destroyed or damaged, and not duplicate it the next tax year, the income of the fiscal year, to be read, in the course of which it would have had to be reduced by the purchase price of the vessel. The County to the county tax office in the territory of which the taxable person is established, may upon application by the taxable person for specific reasons, decide that the price of the supply and the consideration or part thereof may be reduced more than two years in the year following the tax year in which the ship is handed over, destroyed or damaged.


section 6 (30.12.1992/1543), a taxable person, who between 1981 and 1993 space from Finland (I) (A) the construction of the jäämaksu class, or higher than the net registered tonnage of the ship at least 19 tons, has the right to tax for the year, the date on which the vessel is turned on and the three subsequent fiscal year delivered verotuksissa to reduce the performance of the ship's equipment, in addition to other authorised deductions, the amount each year, which is 3% of the purchase price of the vessel (jäämaksu category). The taxable person shall, during the period 1994-1998, order in Finland or abroad, of a vessel referred to above, is entitled to deduct the shipping activity in the tax year in which the ship is taken into service, and in the next fiscal year in the amount of the tax in both years, which is 3% of the purchase price of the vessel. (30.12.1996/1258)
The taxpayer, who in 1999 or 2000, the space of the States members of the European economic area, (I) (A) the construction of the jäämaksu class, or higher for at least 100 tons gross tonnage of the ship, shall have the right to reduce the shipping cost of 3% of the performance of the vessel. The deduction may be made, as well as in the tax year, when the ship is deployed, the next fiscal year. Reduction is required in addition to that, the ship will be no later than 31 December 2003. (26.11.1999/1060)
The Ministry of finance may, upon application by the taxable person of the right to grant the specific reasons for the total or partial reduction in the jäämaksu class in the making of more than the performance of the ship's equipment as well as from abroad between 1986 and 1993, ordered the vessel referred to in subparagraph (1).


section 7 (30.12.1992/1543), the taxable person shall be entitled to reduce the performance of the ship's equipment accounts for the years 1981 and 1993, the number of its assignment (vessel acquisition). In order to obtain reduced vessel purchase when booking a taxable person is required to file, within six months of the end of the fiscal year, the Bank of Finland, in particular, on account of the amount, which is 50% of the amount of the supply ship assignment (vessel purchase deposit).


section 8 That the county tax office, which is a taxable person in the territory of the Home Office, authorise the ship to purchase a deposit or part of it, when it is presented in a statement that the acquisition of all or part of the booking for the ship has been used or will be used for the acquisition of a vessel of at least 19 tons. If a reservation or any part of it, is not a tax deduction of taxable income and the tax is, in this respect, force, he is also entitled to sue at the deposit or payment deemed equivalent to a part of it. (c 248/1574)
Except in the cases referred to in subparagraph (1) is deposited in the funds increase at the earliest two years after the end of the tax year in which the taxable result of ship acquisition of the reservation is made. The ship acquisition reserve amount shall be deemed to be in this case, in respect of the tax corresponding to the year raised funds as taxable income, the date on which the deposit or any part of it has been raised.


8 (a) in the section (c 248/1574) in the case of taxable persons to stop the merger of the business activities of the taxable person or if property is transferred in bankruptcy, the tax year is read from the ship supply as taxable income, the date on which the business is discontinued or the Declaration of bankruptcy. In this case, the taxable person has the right to withdraw the ship purchase deposit to the Bank of Finland. The county tax office will give to the taxable person of the right to purchase a certificate of deposit in the lifting vessel.


under section 9 of the Bank of Finland, section 8 in the cases referred to in subparagraph (1) the quantity of the annual interest rate on the deposit of nostettavalle, which is one and a half percentage points lower than the base rate of the Bank of Finland. The interest shall be paid to the funds deposited.


section 10 of the Ship acquisition reserve is to be used to cover the cost of the vessel or enter you in the tax year, the date on which the deposit referred to in section 7 has been raised.
The ship acquisition reserve covered the cost of the acquisition or the acquisition of a vessel is not deductible.


section 11 of the taxpayer, which has made the cost of removal of the ship under this Act or for the purchase of the vessel, the vessel used the purchase of the reserve shall be accompanied by a statement of the cost of the ship's original tax statement, the ship acquisition reserve to cover the cost of the ship, the acquisition cost of depreciation, tax depreciation in the past year, and at the time of the undepreciated residual value at the end of the tax year of the acquisition.
A taxable person which is in accordance with section 5 of the reduced price or other consideration for the delivery of the ship, or the portion of the purchase price of the new vessel, or a damaged ship in order of expenditure, or by placing the ladies and the price or other consideration is to reduce the supply of the following over the years, the name ship of the acquisition cost, is accompanied by the statement of the tax return.


Article 12 of the taxable person shall be entitled each year to reduce the performance of the net tonnage of the ship equipment at least 19 tonnes as a result of a ship against the costs of making the number of classification, which is not more than 2% of the purchase price (rate). Rate the reservation does not, however, make you in the tax year, the date on which the ship are rated on a.
The taxable person shall be entitled to reduce the rate as deemed cost for booking only, if a corresponding entry is made in the accounts.
Rate, which has not been used for a ship's rate to cover the costs of the tax year in which you, the rate has been carried out, or the loss of the ship have been released or have been found.


More detailed provisions on the implementation of article 13 of this law shall be adopted, where necessary, regulation.


section 14 (30.12.1992/1543) this law shall enter into force on 1 July 1981. It shall apply from the years 1981 – 1995 delivered verotuksissa. Article 6 of the law shall, however, also from 1996 to 2005, from 7 to 11 of section verotuksissa provided and of the provisions relating to the acquisition of vessel allocation from 1996 to 1998, the verotuksissa can be delivered. (26.11.1999/1060)
Rate, which has not been used for a year by the end of 1995, will be read at the 1995 taxable income. The ship acquisition reserve, which has not been used for a year by the end of 1998, shall be counted as taxable income for 1998.


The change of the date of entry into force and the application of the acts: 18.3.1983/274: this law shall enter into force on 1 April 1983 and applies to the first time in the taxation year 1983.
THEY 275/82, Staub 116/82, SuVM 275/82 13.12.1985/950: this law shall enter into force on 1 January 1986.
THEY'RE 187/85, SuVM/85, 134 Staub 56/85 14.12.1990/1101: this law shall enter into force on 1 January 1991.
Board of Directors ' proposal for the 183/90, Valtiovarainvaliok. Mrs. 54/90, a large valiok. Mrs. 175/90 30.12.1992/1543: this law shall enter into force on 1 January 1993.
THEY are 205/92, Staub 78/92 17.12.1993/1265: this law shall enter into force on 1 January 1994.
THEY 199/93, Staub 61/93 c 248/1574: this law shall enter into force on 1 January 1996.
THEY 131/95, Staub, 37/95 EV 124/95 30.12.1996/12: this law shall enter into force on 1 January 1997. The law shall apply for the first time in the tax year 1997.
THEY 238/1996, Staub 48/1996, EV 253/1996 26.11.1999/1060: this law shall enter into force on 29 November 1999. The law shall apply for the first time in the tax year 1999.
THEY'RE 89/1999, Staub 13/1999, EV 60/1999