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Income Tax - Highlights / Catch Notes

Home Highlights February 2015 Year 2015 This

Income derived from slot charter operations of a tonnage tax ...


Slot Charter Income Counts in Tonnage Tax Calculations, Includes Non-Qualifying Ships.

February 2, 2015

Case Laws     Income Tax     HC

Income derived from slot charter operations of a tonnage tax company is to be included to determine the tonnage income of a tonnage tax company even if such operations are carried on in ships which are not qualifying ships - HC

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