SHIPPING AND AIR TRANSPORT

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..... ntracting State derived from the other Contracting State, from the operation of ships in international traffic may be taxed in that other Contracting State, but the tax chargeable in that other Contracting State on such income shall be reduced by an amount equal to 50 per cent of such tax. 3. Profits derived by a transportation enterprise which is a resident of a Contracting State from .....

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..... sions of paragraph 1 shall also apply to profits from the participation in a pool, a joint business or an international operating agency. - - statute, statutory provisions legislation, law, enactment, Acts, Rules, Regulations, Taxation Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax - Double Tax Avoidance Agreements, Tax Treaty, intern .....

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