Tax treatment of ship and inland vessel activities expanded to include inland vessels within specified tax provisions. The amendment expressly includes inland vessel related activities alongside ship-related activities by substituting and inserting phrases so that ... Summary
Tax treatment of ship and inland vessel activities expanded to include inland vessels within specified tax provisions.
The amendment expressly includes inland vessel related activities alongside ship-related activities by substituting and inserting phrases so that references to "other ship-related activities", "more ships" and "any ship" read to cover ships or inland vessels, bringing inland vessels within the same regulatory and explanatory tax framework previously applicable only to ships.
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