Exemption for international air transport income: such income (including related interest) is tax exempt in the other Contracting State. Income of an enterprise from operating aircraft in international traffic is exempt from tax in the other Contracting State by reciprocity; this exemption covers participations in pools, joint ventures and similar arrangements, and includes interest on funds directly connected with aircraft operations; 'tax' means income taxes and other taxes, dues or levies on income imposed by a Contracting State or its sub divisions.
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.
Exemption for international air transport income: such income (including related interest) is tax exempt in the other Contracting State.
Income of an enterprise from operating aircraft in international traffic is exempt from tax in the other Contracting State by reciprocity; this exemption covers participations in pools, joint ventures and similar arrangements, and includes interest on funds directly connected with aircraft operations; "tax" means income taxes and other taxes, dues or levies on income imposed by a Contracting State or its sub divisions.
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