The European Commission published a decision on 21 January 2025, approving the extension of Italy’s tonnage tax regime for maritime transport activities.
Initially introduced in December 2004, it has been extended several times since. The regime is now authorised to remain in effect until 13 January 2034.
The decision also includes reintroducing the tonnage tax for 10 years starting in 2024 and allows maritime transport companies to opt for tonnage taxation instead of corporate tax. It calculates the tax base based on a fleet’s net tonnage, applying daily rates per 100 tons. Eligibility is restricted to vessels registered and flagged within the EU/EEA, requiring separate accounting.
