KPMG report: Shipping and offshore tax update (March 2025)
Global tax-related developments relevant for companies involved in shipping and related industries
The KPMG member firm in the Netherlands has prepared a report that summarizes certain global tax-related developments that are relevant for companies involved in shipping and related industries.
Read the KPMG report (March 2025) that covers the following developments:
- Belgium
- Proposed maritime tax developments
- Singapore
- 2025 budget
- India
- Charges for bareboat chartering is not taxable as royalty under the India-Belgium tax treaty
- Union Budget 2025-2026 highlights
- UK
- Oil and gas price mechanism consultation
- Hong Kong
- Budget 2025-2026
- Norway
- Pausing offshore wind
- Greece
- Foreign exchange contribution declaration
- EU
- Clarification on the inclusion of offshore ships in Monitoring, Reporting and Verification Regulation