HISTORIC PRESS RELEASE : Publication of Lord Alexander of Weedon´s Report “Independent Enquiry into a Tonnage Tax” [August 1999]

The press release issued by HM Treasury on 12 August 1999.

The Treasury today published the Independent Enquiry into a Tonnage Tax, a report by Lord Alexander of Weedon QC. The report’s main recommendations have been accepted by the Chancellor and, subject to the necessary Parliamentary and EC approvals, will be worked up for implementation in the next Finance Bill.