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>Enterprise Profits from International Shipping or Air Operations Taxable Only in Resident State, Exempt from Article 11.</h1> Profits earned by an enterprise of a Contracting State from operating ships or aircraft in international traffic are taxable only in that State. Inland transport profits are also considered as such if part of international operations. Profits from using, maintaining, or renting containers in international traffic are taxable only in the enterprise's resident State unless used solely in the other State. Interest on investments directly related to international shipping or air transport operations is treated as operational profits, exempt from Article 11. These rules also apply to profits from participation in pools, joint businesses, or international operating agencies.
TaxTMI 
TaxTMI 
