Tall Ships that have previously been granted a waiver of Canadian withholding taxes that would otherwise be required under Regulation 105 of the Income Tax Regulations, are required to file a T2 Income Tax Return.
Failure to file this Return will result in future Regulation 105 waiver applications being denied. That is, income tax would, for example, be deducted on payments for the 2009 TALL SHIPS ATLANTIC CHALLENGE® event in Nova Scotia or other similar business at other Canadian Ports. This would apply to vessels that received a waiver on a previous visit to any Canadian jurisdiction. For example, those vessels that visited Halifax in 2007 and were granted a waiver from having taxes withheld on appearance fee payments would be required to file a Canadian Tax Return for their fiscal year in which those appearance fees were received.
The above information is provided for information only. Ship owners should contact their tax advisors. For official information please visit the Canada Revenue Agency’s website: www.cra-arc.gc.ca
From The Maritime Executive Magazine:
REC veteran Andy Hammond weighs in and cautions mariners to provide sufficient documentation that their medical condition is being treated properly AND that they could perform the normal duties of the license held or applied for.
When the Staten Island Ferry crashed into the dock in October of 2003 the investigation revealed a “system” that may have allowed a mariner to operate under the authority of their license, who was not physically competent to do so. While the regulatory licensing process may not have prevented Richard Smith (Captain) from taking Tremadol and Tylenol PM, which most likely caused him to pass out, resulting in a casualty that killed 11 people, it did prompt the Coast Guard to take a hard look at mariners and physical competency.
A major part of the license and MMD application process is providing documentation that you are physically competent to perform the normal duties of the license or rating applied for, including all emergency duties. There are very specific regulations with regard to visual acuity and color sense. However, the Coast Guard will make the final determination if your general physical condition is suitable to hold a credential.
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From Your US Coast Guard:
“The U.S. Coast Guard is pleased to announce the availability of type-approved Automatic Identification System (AIS) Class B devices. These lower cost AIS devices are interoperable with AIS Class A devices and make use of expanded AIS messaging capabilities. Unfortunately, not all existing Class A devices are able to take full advantage of these new messaging capabilities. All existing AIS stations will be able to receive and process these new messages from a Class B device.
However, they may not be able to display all Class B information on their Minimum Keyboard Display (MKD) or other onboard navigation systems. In most cases, a software update or patch will be required to do so. Therefore, the U.S. Coast Guard cautions new AIS Class B users to not assume that they are being ‘seen’ by all other AIS users or that all their information is available to all AIS users. Further, the U.S. Coast Guard strongly recommends that all users of out-dated AIS software update their systems as soon as practicable.”
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