Immovable property taxation: income may be taxed in the State where the property is situated under the DTAA. Income from immovable property of a resident situated in the other Contracting State may be taxed in the State where the property is located; this applies to income from direct use, letting or other use, and extends to enterprise property income and property used for independent personal services. 'Immovable property' is defined by the law of the State where the property is situated and includes accessories, agricultural livestock and equipment, usufructs, and rights to payments for working mineral and other natural resources, while excluding ships, boats, aircraft and road transport vehicles.
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.
Immovable property taxation: income may be taxed in the State where the property is situated under the DTAA.
Income from immovable property of a resident situated in the other Contracting State may be taxed in the State where the property is located; this applies to income from direct use, letting or other use, and extends to enterprise property income and property used for independent personal services. "Immovable property" is defined by the law of the State where the property is situated and includes accessories, agricultural livestock and equipment, usufructs, and rights to payments for working mineral and other natural resources, while excluding ships, boats, aircraft and road transport vehicles.
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