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CBP Adds Cook Islands to List of Nations Exempt from Special Tonnage Tax

U.S. Customs and Border Protection has issued a final rule announcing that it has been informed by the State Department that discriminating or countervailing duties are not imposed by the government of the Cook Islands on vessels owned by citizens…

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of the U.S. Accordingly, vessels of the Cook Islands are exempt from special tonnage taxes and light money in ports of the U.S. This rule amends CBP regulations by adding the Cook Islands to the list of nations whose vessels are exempt from payment of any higher duties than are applicable to vessels of the U.S. and from the payment of light money. The exemption for vessels registered in the Cook Islands became applicable on August 22, 2011.