Section 28

Profits of non‑resident air transport and cable undertakings

of Income Tax Act 1947

ActIn forceProvision 108 of 333

Where a non‑resident person carries on the business of air transport or of transmission of messages by cable or by any form of wireless apparatus, the non‑resident person is assessable to tax as if the non‑resident person were a non‑resident shipowner and section 27 applies, with the necessary modifications, to the computation of the gains or profits of the business.

Read in full context — Income Tax Act 1947 →

Section 28

Profits of non‑resident air transport and cable undertakings

of Income Tax Act 1947

ActIn forceProvision 108 of 333

Where a non‑resident person carries on the business of air transport or of transmission of messages by cable or by any form of wireless apparatus, the non‑resident person is assessable to tax as if the non‑resident person were a non‑resident shipowner and section 27 applies, with the necessary modifications, to the computation of the gains or profits of the business.

Read in full context — Income Tax Act 1947 →