Taxation of immovable property: both Contracting States may tax property income and related capital gains. Immovable property income and capital gains on alienation of immovable property may be taxed by both Contracting States; the Protocol clarifies and preserves concurrent taxing rights in each State under the Convention's rules on property income and property-related capital gains.
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.
Taxation of immovable property: both Contracting States may tax property income and related capital gains.
Immovable property income and capital gains on alienation of immovable property may be taxed by both Contracting States; the Protocol clarifies and preserves concurrent taxing rights in each State under the Convention's rules on property income and property-related capital gains.
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