Taxation of international shipping profits: residence State has exclusive taxing right for operations and related pooling activities. Profits from operating ships or aircraft in international traffic by an enterprise of a Contracting State are taxable only in that State, including ... Summary
Taxation of international shipping profits: residence State has exclusive taxing right for operations and related pooling activities.
Profits from operating ships or aircraft in international traffic by an enterprise of a Contracting State are taxable only in that State, including profits from participation in a pool, joint business or international operating agency; similarly, income from use, maintenance or rental of containers used for international traffic is taxable only in the resident State unless the containers are used solely within the other Contracting State.
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