Avoidance of tax

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..... which amounts to an abuse of the tonnage tax scheme. (2) For the purposes of sub-section (1), a transaction or arrangement shall be considered an abuse if the entering into or the application of such transaction or arrangement results, or would but for this section have resulted, in a tax advantage being obtained for (i) a person other than a tonnage tax company; or (ii) a tonnage tax com .....

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