The German federal government will not grant owners any respite from reflagging if they want the tonnage tax to continue. Berlin has made it clearthatthe number of ships under the German flag has to increase by more than 40% by 2010. How many more times will German authorities and politicians put the country's tonnage tax system up for debate? Can ship owners and investors ever expect an ultimate confirmation of the tax regime, which has helped Germany's ?3 Bn ship KG and shipping industries to flourish in the last seven years?
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