Income from immovable property may be taxed in the state where the property is situated under the treaty. Income derived by a resident of one Contracting State from immovable property situated in the other Contracting State may be taxed in the State where the property is situated; this includes agriculture and forestry and income from direct use, letting or other forms of exploitation. 'Immovable property' is defined by the law of the State where the property is located and excludes ships, boats, motor vehicles and aircraft. The rule applies to enterprise-owned immovable property and to property used to perform independent personal services.
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.
Income from immovable property may be taxed in the state where the property is situated under the treaty.
Income derived by a resident of one Contracting State from immovable property situated in the other Contracting State may be taxed in the State where the property is situated; this includes agriculture and forestry and income from direct use, letting or other forms of exploitation. "Immovable property" is defined by the law of the State where the property is located and excludes ships, boats, motor vehicles and aircraft. The rule applies to enterprise-owned immovable property and to property used to perform independent personal services.
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