In accordance with the decision of the Parliament:

ARTICLE 1

The tax reliefs granted to the taxable person operating in the shipbuilding sector are governed by this law.

The provisions of this Act concerning the removal of orders and the provision of the vessel procurement reserve are not applicable in the law on the taxation of the shipboard company and the ship's ship (273/83) , and not the provisions of this Act concerning the taxation of ships belonging to a company belonging to such a company. (18.3.1983/274)

ARTICLE 2

The taxable person who, by means of a fixed contract at a fixed price between 1981 and 1990, orders a net tonnage of 19 tonnes of net tonnage in Finland to be constructed, shall be entitled to deduct from the performance of the shipowning activity Of the Law on taxing the business (360/68) For the purchase of the vessel from the tax year in which the contract has been awarded. However, a maximum of 20 % of the cost of the vessel shall be deducted from the operation of the vessel before the disposal of the ship. (order removal). (13.12.198.50)

The Ministry of Finance may, for specific reasons, grant the taxable person the right to deduct order removal from more than the result of the shipowning operation and the purchase of a vessel other than the one referred to in paragraph 1.

ARTICLE 3

The depreciation referred to in Article 2 shall be made separately for each vessel. In the form of a deletion, the taxable person shall not reduce the amount higher than the tax year and, in the past, reduced the amount of the tax.

§ 4

Where an agreement on the basis of which the deletion referred to in Article 2 has been concluded is terminated or transferred to a third person, if the contract is invalid, the quantity of the vessel which has been withdrawn shall be deemed to be the output of the tax year in which the contract is Unable to be unloaded or transferred.

The supply or other consideration of the loss or other consideration resulting from the loss of the supply or other consideration of the vessel which has been lost and destroyed or for any other cause of which the cost of the purchase or part thereof has been reduced in accordance with Article 2, Shall be deducted in the tax year in which the vessel has been released or a loss has been established.

§ 5

If a taxable person continues to carry out his ship-bearing activities and makes it likely that he intends to acquire a new ship or repair a damaged vessel from Finland, the taxable amount obtained from the vessel referred to in Article 4 and other The consideration, with the exception of the unbridled part of the contract, by subtracting it from the purchase of the new vessel or the expenditure resulting from the recovery of the damaged vessel. Extradition and consideration, or part thereof, which has not been deducted in the tax year in which the vessel has been released, destroyed or damaged, and not two of the following tax years, shall be counted as the output of the fiscal year, during which period: Should, at the latest, be reduced from the cost of the vessel. For special reasons, the county tax office of the county in whose territory the taxable person is domiciled may, on the application of the taxable person, decide that the supply price and the consideration or part thereof may be reduced more than two of the following tax years. In the year on which the ship has been abandoned, destroyed or damaged.

ARTICLE 6 (30.12.1993)

The taxable person who, between 1981 and 1993, orders a vessel of at least 19 tonnes of net tonnage to be constructed from Finland, I A or above, shall be entitled to the tax year in which the vessel has been introduced and three In the case of taxes to be delivered from the tax year following the tax year, the performance of the shipowning activity shall be reduced, in addition to the other permitted deductions, by a quantity of 3 % of the cost of the vessel's supply ( Reclution rate reduction ). The taxable person who, in the period from 1994 to 1998, orders a vessel from Finland or from abroad, shall be entitled to deduct from the tax year in which the vessel has been introduced and from the tax year following the tax year following: In both years, the amount equal to 3 % of the cost of the vessel's purchase. (30.12.1996/1258)

The taxable person who, in 1999 or 2000, orders a ship of at least 100 tonnes of gross tonnage to be constructed from a Member State belonging to a European Economic Area, I A or a higher level of ice, shall have the right to deduct 3 % of the cost of the vessel's supply. The reduction may be made both in the tax year and in which the ship has been introduced in the next fiscal year. In addition, the vessel shall be released to the subscriber by 31 December 2003 at the latest. (26/06/1999)

The Ministry of Finance may, for specific reasons, grant to a taxable person the right to a full or partial deduction of the right to pay a class allowance other than the performance of the shipowning activity and also from abroad between 1986 and 1993. 1 Of the vessel referred to in the article.

§ 7 (30.12.1993)

The taxable person shall be entitled to deduct the performance of the shipowning activity in its financial statements for the period from 1981 to 1993 (Reservation reserve) . In order to reduce the amount of the vessel supply reserve, the taxable person shall, within six months of the end of the financial year, deposit into the Bank of Finland, in particular, the amount of money equal to 50 % of the amount of the reserve (vessel acquisition deposit) .

§ 8

The provincial tax office in which the home municipality of the taxable person resides in the territory of which the taxable person resides shall authorise the drawing up of a pre-acquisition deposit or part thereof where it is explained that the provision of the vessel or part thereof has been or will be used for at least 19 For the purchase of a vessel. If a reservation or a part of it has not been deducted from the taxable income and taxed in that regard, the taxable person also has the right to raise the deposit or the corresponding part thereof. (18.12.1995-1574)

In cases other than those referred to in paragraph 1, the amount of the funds deposited shall be raised no earlier than two years after the end of the fiscal year in respect of which the levy on the taxable income has been made. The amount of the initial supply reserve shall be deemed to be the tax year of the tax year in respect of which the deposit or component has been lodged.

§ 8a (18.12.1995-1574)

Where a taxable person ceases to be a business and does not have a merger or if a taxable person's assets are declared bankrupt, it shall be counted as a taxable income tax year for the tax year in which the economic activity has been terminated or the decision The decision to declare bankruptcy. In this case, the taxable person shall have the right to withdraw a vessel's supply deposit from the Bank of Finland. The Loan Tax Office shall issue a certificate to the taxable person for the right to withdraw from the pre-acquisition period.

§ 9

In the cases referred to in Article 8 (1), the Bank of Finland shall pay the annual interest rate of one and a half percentage points below the base rate of the Bank of Finland. Interest shall be paid when the funds are deposited.

ARTICLE 10

The pre-acquisition reserve shall be used to cover the cost of the supply of the vessel or to be paid in the tax year in which the deposit referred to in Article 7 above has been withdrawn.

The cost of the supply of the vessel or part of the cost of the acquisition shall not be deductible.

ARTICLE 11

The taxable person who, by virtue of this law, has failed to purchase or used a vessel's supply reservation for the purchase of a vessel shall be accompanied by an explanation of the original purchase cost of the vessel, the use of the vessel's purchase charge. To cover the acquisition cost of the vessel, the depreciation of the previous year, the depreciation of the tax year and the unbridled purchase of the vessel at the end of the tax year.

A taxable person who, in accordance with Article 5, has reduced the supply price of the ship or any other consideration in consideration of the cost of the new vessel or of the expenditure resulting from the recovery of the damaged vessel, or intends to reduce the supply price or Any other consideration of the cost of the vessel to be made available for the following tax years shall be accompanied by a statement of the tax return.

ARTICLE 12

The taxable person shall have the right to deduct annually from the performance of the shipowning activity for the rating costs of a net tonnage of 19 tonnes or more, with the exception of a quantity not exceeding 2 % of the cost of the ship's supply. (classification reserve) . However, the classification reserve shall not be made in the tax year on which the vessel is to be classified.

The taxable person shall have the right to deduct from the rating reserve only if the corresponding entry is in the accounts.

The classification reserve, which has not been used to cover the cost of the ship's classification, shall be interpreted in the tax year in which the classification has been carried out or the vessel has been surrendered or its loss has been recorded.

ARTICLE 13

More detailed provisions on the implementation of this law shall be adopted, where appropriate, by a regulation.

ARTICLE 14 (30.12.1993)

This Act shall enter into force on 1 July 1981. It shall apply in the case of taxation for the period 1981 to 1995. However, Article 6 also applies in the case of taxes to be provided for the years 1996 to 2005 and the provisions of Articles 7 to 11 on the provision of the reserve for the supply of vessels for the years 1996 to 1998. (26/06/1999)

The classification reserve, which has not been used by the end of 1995, shall be regarded as taxable income in 1995. The pre-acquisition reserve, which has not been used by the end of 1998, is to be regarded as taxable income in 1998.