Page:United States Statutes at Large Volume 47 Part 2.djvu/1036

 2626 DOUBLE INCOME TAX-SHIPPING PROFITS-BRAZIL. The Director oj Oommercial and Oonsular Affairs in tM Brazilian Mini8try of Foreign Affairs (Eulo1io) to tM American Ambassador (Morgan) [Translation] NC/72 MINISTRY OF FOREIGN AFFAIRS RIO DE JANEIRO, September 1, 1930. MR. AMBASSADOR: Acknowledging the receipt of your Note No. 1526, of August 21 of the present year, I have the honor to thank Your Excellency forlour courtesy in communicating to this Department the decision 0 the United States of America, regarding the exemption from income tax of Brazilian citizens who derive profit exclusively from the operation of ships registered in Brazil with which decision this Ministry has just acquainted the Ministry of Finance. Accept, Excellency, [etc.] JM. EULALIO HIS EXCELLENCY MR. EDWIN VERNON MORGAN, Ambassador of tM United States of America. [No. 16}