SHIPPING AND AIR TRANSPORT

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... on of ships in international traffic may be taxed in the other Contracting State, but the tax imposed in that other State shall be reduced by an amount equal to 50 per cent thereof. 3. The term 'operation of ships or aircraft' shall mean business of transportation in international traffic of persons, mail, livestock or goods by the ships or aircraft including- (i) the incidenta .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X