Shipping

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Full Text of the Document

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....es connected with the operation of ships in international traffic are carried on in that other State, but the tax so charged shall not exceed 2.50 per cent of the gross amount payable in respect of operation of ships in that other State. 3. The provisions of paragraphs (1) and (2) shall also apply to profits from the participation in a pool, a joint business or an international operating agency e....