Liberia
Double Tax Treaties
Liberia
has income tax treaties (double taxation
agreements) with Germany and Sweden. A treaty
with Canada has been signed but is not in
effect while a treaty to avoid double taxation
on shipping and aircraft income is in force
with New Zealand. In 1982 Liberia and the
United States also signed a treaty exempting
shipping and aircraft earnings from double
taxation. This exemption applies to the
operation of ships and aircraft registered
in the signatory countries.
Liberia Other International Agreements
Liberia
is a party to a number of international environmental
agreements, including those relating to: Biodiversity,
Desertification, Endangered Species, Nuclear
Test Ban, Ozone Layer Protection, Ship Pollution,
Tropical Timber 83 and Tropical Timber 94.
Agreements signed, but not ratified, include
the Climate Change, Environmental Modification,
Law of the Sea, Marine Dumping, and Marine
Life Conservation agreements.
In
February, 2004, the governments of Liberia
and the United States signed a landmark co-operation
agreement covering measures to suppress the
proliferation of weapons of mass destruction
(WMD) and associated delivery systems and
materials carried on vessels. The Liberian
Registry is the first ship registry to put
in place the Proliferation Security Initiative,
which is designed to prohibit the international
spread of illegal weapons of mass destruction.
The US-Liberia accord underlines both the
position of the Liberian Registry at the cutting
edge of measures to improve international
security at sea and the international importance
of the Registry. The agreement also provides
US protection to the quality ships flying
the Liberian flag.
As specified in the accord, enforcement action
may only be taken against 'suspect vessels'
as categorised in the agreement, and establishes
rapid communication and co-operation, which
may lead to authorised boarding and search
in international waters by law enforcement
officers. It does not, however, grant free
gangway to enforcement boarding teams
without the prerequisite flag co-operation.
Representatives
of the Liberian Registry on behalf of Liberia
worked with US State Department officials
to draft the PSI Boarding Agreement, which
will now serve as a model for other flag states.
A
spokesman for the US State Department said,
"This is a tangible example of non-proliferation
co-operation, as advocated by President Bush.
Liberia has the world's second largest ship
registry, and this agreement sends a strong
signal to perpetrators that the United States
and Liberia will not allow the use of their
vessels for the transport or transfer of items
of proliferation concern. The conclusion of
this ship boarding agreement is an important
step in further strengthening the Proliferation
Security Initiative and the mechanisms that
we have at our disposal to prohibit WMD-related
cargoes." Liberian International Shipping
and Corporate Registry (LISCR) ceo Yoram Cohen
says, "We applaud the initiative of the
UN-backed National Transitional Government
of Liberia. This agreement demonstrates the
commitment of the Liberian Registry to transparency,
and the confidence we have in the high quality
of the owners who use the Liberian Registry.
With this accord, the US and its allies can
feel more secure, and our ships can feel more
secure under the US security umbrella. It
puts the world on notice - Liberian ships
are not available for terrorist activities.
LISCR is proud of its small part in facilitating
agreement between the two governments and
in the trust that has been placed in it as
the Competent Authority in the administration
of the practical arrangements for international
co-operation."
At a practical level, each request to board
and search a vessel must be accompanied by,
among other things, an explanation of the
basis for suspecting the vessel of being involved
in the proliferation of WMD. If consent to
board is given by LISCR, as agent for Liberia,
and evidence of the proliferation of WMD is
found, US officers are authorised to detain
the vessel, as well as items and persons on
board, pending instructions from the flag
state authority as to the appropriate course
of action to be taken thereafter.
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