Part II SPECIFIED TERRITORIES WITH QUALIFICATIONS

Companies which are regarded as Foreign Sales Corporations in section 922(a) of the United States Internal Revenue Code 1954^f1 and which accordingly qualify for reduced Belgian taxation.

Companies approved under Royal Decree No. 187 of 30th December 1982 as Co-ordination Centres^f2.

Companies whose profits are exempt from tax under Article 6(2)(c) of Law 3843/1958^f5 (profits from the operation of ships under the Greek flag).

Companies having profits exempt from company income tax by virtue of Article 25 of Law 25/1975^f6 or by virtue of Law 89/1967^f7 (profits from shipping and associated activities).

Companies obtaining relief or exemption from tax under Chapters 1 and 2 of Part 14 of the Taxes Consolidation Act 1997^f8.

Holding companies having income exempted from tax under section 44 in Chapter 3 of Part 3 of the Taxes Consolidation Act 1997.

Companies obtaining any special tax benefit under the Law of 31st July 1929^f10, the decree of 17th December 1938 or the Grand Ducal Regulation of 29th July 1977 (holding companies).

Any reinsurance company established in Luxembourg requiring authorisation under Article 92 of the Law of 6th December 1991.

Companies exempt from tax in accordance with section 54A of the Income Tax Act 1967^f11 (shipping).

Companies subject to tax at 5 per cent. in accordance with sections 60A and 60B^f12 of the Income Tax Act 1967 (inward reinsurance and offshore insurance).

Companies deriving dividends from a company or companies deriving income from one or more of the activities referred to in paragraphs 1 and 2 above.

Companies obtaining a tax benefit under the Offshore Companies Act (Island of Labuan) 1990^f13.

Companies entitled to exemption or relief from tax under section 11(2) of the Income Tax Act 1948^f14.

Companies obtaining exemption from tax under section 86 of the Merchant Shipping Act 1973^f15.

Companies obtaining exemption or relief from tax under section 30 of the Malta International Business Activities Act 1988^f16.

Companies obtaining exemption or relief from tax under section 18 of the Malta Freeports Act 1989^f17.

Companies authorised under Presidential Decree 1034 of 30th September 1976, or under Presidential Decree 1035 of 30th September 1976, to operate an offshore Banking Unit or a Foreign Currency Deposit Unit as defined in those Decrees.

Companies receiving interest on deposits with a Foreign Currency Deposit Unit, or other interest subject to the reduced rates of tax under section 27(D) of the National Internal Revenue Code 1997.

Companies obtaining a tax benefit under section 2(o) of the Industrial Incentive Act 1978^f20 (designated service industries).

Companies obtaining a tax benefit under section 25 of the International Banking Centre Regulatory Act 1989^f21 (International Banking Entities).

Any company obtaining tax concessions under Ministry of Finance Regulations pursuant to section 43A, and sections 43C to 43J, of the Income Tax Act^f22.

Companies obtaining exemption from tax on the income of a shipping enterprise in accordance with section 13A of the Income Tax Act^f23.

Companies obtaining relief from tax in accordance with sections 45 to 55 (international trade incentives), and sections 75 to 84 (warehouse and service incentives), of the Economic Expansion Incentives (Relief from Income Tax) Act^f24.

Companies deriving dividends from a company or companies deriving income from one or more of the activities falling within paragraphs 1 to 3 above.