Income from immovable property may be taxed in the state where the property is situated, including related rights. Income from immovable property may be taxed in the Contracting State where the property is situated, including income from agriculture and forestry and income from direct use, letting or other use. 'Immovable property' is determined by the law of the State where the property lies and includes accessories to land, livestock and equipment used in agriculture and forestry, options to acquire property, usufruct, rights to payments for working mineral deposits and other natural resources, and rights to assets from sea bed exploration; ships, boats and aircraft are excluded. The provision covers enterprise income and income used for independent personal services.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Income from immovable property may be taxed in the state where the property is situated, including related rights.
Income from immovable property may be taxed in the Contracting State where the property is situated, including income from agriculture and forestry and income from direct use, letting or other use. "Immovable property" is determined by the law of the State where the property lies and includes accessories to land, livestock and equipment used in agriculture and forestry, options to acquire property, usufruct, rights to payments for working mineral deposits and other natural resources, and rights to assets from sea bed exploration; ships, boats and aircraft are excluded. The provision covers enterprise income and income used for independent personal services.
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