Table 5.2 - Vessel characteristics (policy scenarios) Officers Ratings Ship Wage Wage Min. Company Register Tax treatment Nationality Nationality Depreciation code rates rates tax rate Australian No special SIA P1a General Australian EA Australian EA 30% 20 prime cost treatment Part A Register Australian SIA P1b General ITE Australian EA Australian EA 0% N/A Part A Register Australian Accelerated SIA 20% reducing P1c General Australian EA Australian EA 30% depreciation Part A balance Register Temporary P3a Foreign Foreign ITF Foreign ITF ITF 0% N/A Licence Temporary SIA Part P3b Foreign Foreign/Aust. SIA Part A Foreign ITF 0% N/A Licence A Temporary 2 Australian; SIA Part P3f Foreign SIA Part B Foreign ITF 0% N/A Licence foreign B Transitional SIA P3g Foreign AUS EA AUS EA 0% N/A General Licence Part A
Table 5.2 - Vessel characteristics (policy scenarios) Officers Ratings Ship code Register Tax treatment Nationality Wage rates Nationality Wage rates Min. Company tax rate Depreciation P1a Australian General Register No special treatment Australian EA Australian EA SIA Part A 30% 20 prime cost P1b Australian General Register ITE Australian EA Australian EA SIA Part A 0% N/A P1c Australian General Register Accelerated depreciation Australian EA Australian EA SIA Part A 30% 20% reducing balance P3a Foreign Temporary Licence Foreign ITF Foreign ITF ITF 0% N/A P3b Foreign Temporary Licence Foreign/Aust. SIA Part A Foreign SIA Part A ITF 0% N/A P3f Foreign Temporary Licence 2 Australian; foreign SIA Part B Foreign SIA Part B ITF 0% N/A P3g Foreign Transitional General Licence AUS EA AUS EA SIA Part A 0% N/A