Seagoing ship definition: certification by a country's competent authority governs classification for relevant income-tax provisions. For the purposes of the specified income-tax provision relating to shipping companies, a seagoing ship means a ship certified as such by the competent ... Summary
Seagoing ship definition: certification by a country's competent authority governs classification for relevant income-tax provisions.
For the purposes of the specified income-tax provision relating to shipping companies, a seagoing ship means a ship certified as such by the competent authority of any country, with that certification being the operative criterion for classification under the tax regime.
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