Bareboat charter defined as hire granting the charterer possession and control, including appointment of master and crew under tax law. For tax purposes concerning shipping companies, bareboat charter means hiring a ship for a stipulated period on terms that give the charterer possession and control of the ship, and expressly include the right to appoint the master and crew.
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Provisions expressly mentioned in the judgment/order text.
Bareboat charter defined as hire granting the charterer possession and control, including appointment of master and crew under tax law.
For tax purposes concerning shipping companies, bareboat charter means hiring a ship for a stipulated period on terms that give the charterer possession and control of the ship, and expressly include the right to appoint the master and crew.
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