TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>International Shipping and Air Transport Profits Taxed Only in Enterprise's Home State; Interest Exempt Under Article 11</h1> Profits from international shipping and air transport operations by enterprises of a Contracting State are taxable solely in that State. If a shipping enterprise's management is on a ship, its effective management is deemed to be in the State of the ship's home harbor or the operator's residence. Profits from using containers in international traffic are taxable only in the enterprise's resident State unless solely used in the other State. Interest directly linked to ship or aircraft operations is treated as operational profits, exempt from Article 11. These rules also apply to profits from participation in pools, joint businesses, or international agencies.
TaxTMI 
TaxTMI 
