U.S. taxation of international shipping and air transport activities

Resource Information

The work U.S. taxation of international shipping and air transport activities represents a distinct intellectual or artistic creation found in Biddle Law Library - University of Pennsylvania Law School. This resource is a combination of several types including: Work, Language Material, Continuing Resources.

Label

U.S. taxation of international shipping and air transport activities

Statement of responsibility

Peter A. Glicklich and Michael J. Miller

Title variation

• Taxation of international shipping and air transport activities
• United States taxation of international shipping and air transport activities

Creator

• Glicklich, Peter A
• Glicklich, Peter A

Contributor

• Tax Management Inc
• Tax Management Inc
• Miller, Michael J., 1967-
• Miller, Michael J., 1967-

Subject

• Corporations, Foreign -- Taxation | Law and legislation -- OECD countries
• Electronic books
• Income tax -- United States -- Foreign income
• Income tax -- United States -- Foreign income
• Shipping -- Taxation | Law and legislation -- United States
• Aeronautics, Commercial -- Taxation | Law and legislation -- United States
• Aeronautics, Commercial -- Taxation | Law and legislation -- United States

Genre

• Electronic books

Language

eng

Summary

" ... discusses the three tax regimes to which nonresident alien individuals and foreign corporations that conduct shipping or air transport activities within the United States may be subject: (1) the general provisions of the Internal Revenue Code of 1986, as amended, for foreign persons with certain modifications; (2) a "reciprocal exemption" provided by [section] 872(b) and [section] 883; or (3) the similar, but separate, exemption available under many U.S. income tax treaties. This Portfolio sets forth in detail the U.S. tax rules applicable under each of the three tax regimes, including in particular the requirements that must be satisfied to qualify for an exemption under either [section] 872(b) and [section] 883 or an applicable U.S. income tax treaty. In this regard, particular emphasis is given to Treasury Regulations issued in 2003 that make it substantially more burdensome for foreign corporations to claim the reciprocal exemption provided by [section] 872(b) and [section] 883."

Member of

• Tax management portfolios, 6740

Cataloging source

BNA

Characteristic

updating web site

Entry convention

integrated entry

LC call number

KF6289.A1

LC item number

T35 no. 6740

Nature of contents

• dictionaries
• bibliography

Regularity

complete irregular

Series statement

Foreign income portfolios

Series volume

6740