{
  "id": "EXCL_NOTIONAL_SHIPPING_INCOME",
  "name": "Notional Shipping Income Calculation",
  "category": "other",
  "jurisdiction": "federal",
  "eligibility_type": "profile",
  "eligibility": {
    "description": "Available to corporations that have made the Section 1354 election for qualifying vessels operated in U.S. foreign trade.",
    "requires_entity_type": null,
    "min_age": null,
    "max_age": null
  },
  "parameters": {},
  "entity_specific": false,
  "entity_types": null,
  "conflicts": [],
  "actionability": {
    "retroactive_status": "available",
    "retroactive_note": "Automatic — computed on return",
    "forward_status": "available"
  },
  "description": "Calculates taxable income for shipping at a fixed daily rate (40 cents per 100 tons for the first 25,000 tons; 20 cents thereafter), which can significantly reduce the effective tax rate for highly profitable shipping operations.",
  "irc_reference": "IRC §1353",
  "deadline": "",
  "savings_potential": "high",
  "benefits": "business",
  "discovered_by": "discovery_engine_v1",
  "calculator_implemented": false
}