Like a lot of European countries, France set up a specific taxation system in 2004 based on the tonnage of vessels. Under the terms of article 209-0 B of the CGI, this system applies to companies where at least 75% of the turnover comes from the use of commercial vessels.
Where this system is elected, the taxable income coming from operations directly linked to the use of eligible vessels is determined by applying the following scale to each vessel and each net tonnage measurement of 100 units of universal tonnage