Ship charter trade tax privilege only if charterer mans ship ... The Supreme Tax Court has held that the 80% trade tax exemption for shipping in international waters only applies to income from ship charters if the claimant has equipped and manned the ship himself. Date of origin11.05.2016CategoriesSupreme Tax Court casesKeywordsship charter, shipping operations
No deduction for ship charter for customer entertaining The Supreme Tax Court has held that the costs of chartering a sailing ship for customer entertainment during a regatta are disallowable in full. Date of origin13.09.2012CategoriesSupreme Tax Court casesKeywordsentertainment, ship charter, yachting
