In order to be a qualifying company, the company's qualifying ships must be strategically and commercially managed in the UK and therefore these tests must be satisfied by each company in a tonnage tax group.
When considering the strategic and commercial management requirements, HMRC will look at all elements of management activity relevant to the ships including strategic functions for the shipping business such as1:
- Ìý
•ÌýÌýÌýÌý the location of headquarters and senior managing staff
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