https://www.taxtmi.com/acts?id=4998 Profits from operation of ships in international traffic may be taxed in each Contracting State; where profits arise from operations in the other State they shall be deemed not to exceed five per cent of the full amount received for carriage of passengers or freight embarked in that other State, and the tax chargeable in that other State shall be reduced by an amount equal to fifty per cent. en-us Sat, 19 Jan 2008 22:45:54 +0530 Thu, 05 Mar 2009 17:33:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=4998 Profits from operation of ships in international traffic may be taxed in each Contracting State; where profits arise from operations in the other State they shall be deemed not to exceed five per cent of the full amount received for carriage of passengers or freight embarked in that other State, and the tax chargeable in that other State shall be reduced by an amount equal to fifty per cent. Act-Rules DTAA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=4998