Shipping and air transport

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..... n of ships or aircraft in international traffic shall be regarded as income from the operation of such ships or aircraft and the provisions of Article 11 shall not apply in relation to such interest; accordingly there will be no withholding tax on such income; (b) income derived from the operation of ships or aircraft in international traffic shall mean income derived by an enterprise described .....

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..... the transportation of goods or merchandise in international traffic, where the income is derived from an activity which is incidental to any activity directly connected with such transportation. 3. The provisions of this Article shall also apply to income from the participation in a pool, a joint business or an international operating agency. - - statute, statutory provisions legislation, law .....

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