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<h1>Tax Rules on Property Gains: Immovable and Movable Property, Ships, Aircraft, and Shares Explained</h1> Gains from the sale of immovable property by a resident of one Contracting State, located in the other Contracting State, may be taxed in the latter. Gains from movable property related to a business or fixed base in the other Contracting State are also taxable there. Gains from ships or aircraft in international traffic are taxed only in the alienator's resident State. Gains from shares primarily consisting of immovable property in a Contracting State may be taxed there. Other share gains are taxable in the company's resident State. Gains from other property types are taxable only in the alienator's resident State.