https://www.taxtmi.com/acts?id=5933 Income from the operation of ships in international traffic sourced in the other Contracting State may be taxed in that State, but the tax so charged shall be reduced by fifty per cent. Qualifying income is income from carriage of passengers, mail, livestock or goods shipped in that other State. The reduced-tax treatment does not apply to profits arising from coastal traffic, which are excluded from this treaty relief. en-us Sat, 19 Jan 2008 22:45:54 +0530 Thu, 05 Mar 2009 16:03:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=5933 Income from the operation of ships in international traffic sourced in the other Contracting State may be taxed in that State, but the tax so charged shall be reduced by fifty per cent. Qualifying income is income from carriage of passengers, mail, livestock or goods shipped in that other State. The reduced-tax treatment does not apply to profits arising from coastal traffic, which are excluded from this treaty relief. Act-Rules DTAA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=5933