TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Taxable Profits from International Shipping or Aviation Managed Where Enterprise's Effective Management is Located, Including Interest on Related Funds.</h1> Profits from operating or chartering ships or aircraft in international traffic, including related container rentals, are taxable only in the state where the enterprise's effective management is located. If management is aboard a ship, it is deemed located in the state of the ship's home harbor or the operator's residence. Interest on funds related to these operations is considered part of the profits, excluding it from other interest-related provisions. These rules also apply to profits from participation in pools, joint businesses, or international operating agencies.
TaxTMI 
TaxTMI 
