PART I TREATIES 1
Internal Revenue Bulletin 1997-32 · 2026-10-03 edition · updated 2026-10-04 · United States
5/6
Australia X X X
27 X
27 X
Austria X X3 - - - Barbados X X X15 X15 X X
Austria X X
4 X
15 X
5 X
Barbados X X X15 X15 X X
Belgium X7 X X5 X5 X5 X5
Canada X X X X X X China29
(Peoples Republic) X X X15 X15 X X
Cyprus X X X15 X15 X X
5 X5
7 X X
5 X
5
29
(Peoples Republic) X X X
15 X
15 X
Cyprus X X X15 X15 X X
Czech Republic X X X X5 X X
Czech Republic X X X X5 X X
Denmark X X3 - - -
Denmark X X3 - - - Egypt X X X5 X5 X5
Egypt X X X5 X5 X5 Finland22 X X X5 X5 X28 X
5 X
5 X
5 X5
5
Finland22 X X X5 X5 X28 X
France X X X X15 X5 X5
Germany22/24 X X X - X X
Greece X X3 - - -
22 X X X
5 X
5 X
15 X
Germany
Greece X X3 - - - Hungary X X X5 X5 X X
Hungary X X X5 X5 X X
Iceland X8 X X5 X5 X5 X
Iceland X8 X X5 X5 X5 X
India22 X X X5 X5 X X
Indonesia22 X X X X10 X5 X
Ireland X X3 - - -
8 X X
5 X
5 X X
5/9
22 X X X
10 X
Indonesia
22 X X X X
5 X
5 X
5 X
Ireland X X3 - - - Israel X X X5 X5 X5 X5
5 X5
5 X5
Italy
11 X
8 X X
5 X
21 X
15 X
5 X
5 X
5 X X5
15 X X5
Jamaica X X X
Japan
11 X
12 X X
5 X
5
5
5
5
Kazakhstan X X X X15 X X
Korea X X X13 - X5
Kazakhstan X X X X
Korea X X X13 - X5 Luxembourg X X3 - - -
13 - X
Luxembourg X X3 - - - Mexico22 X X X X28 X X
Mexico22 X X X X28 X X
Morocco X7 X3 - - - X5
Netherlands22 X X X5 X5 - X
New Zealand X X X X5 X5 X6
22 X X X X
5
5 X
Netherlands
22 X X X
7 X
3 - - - X5
5 X
5 X
6
Norway11 X X X13 X5 X5 X
Pakistan14 X X3 - - -
Norway
11 X X X
14 X X
3 - - -
5 X6
13 X
1997–32 I.R.B. 5 August 11, 1997
TABLE—CONTINUED
Basis for Exemption TYPES OF SHIPPING AND AIRCRAFT INCOME EXEMPTED 2
Resi- Resi- Resi- Full dence dence dence Rental Countries Based & Flag & Flag Opera- (Time or Bare- Conand No Reci- Uni- ting voyage Boat tainer Capital Territories Flag procal lateral Income charter) Rental Rental Gains
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