Introducing the “In Favour Of” filter in Case Laws.
- ⚖️ Instantly identify judgments decided in favour of the Assessee, Revenue, or Appellant
- 🔍 Narrow down results with higher precision
Try it now in Case Laws →
TaxTMI Login
🚀 New Feature Launched ✕
Just a moment...
Introducing the “In Favour Of” filter in Case Laws.
Try it now in Case Laws →
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>International Ship and Aircraft Profits Taxed Where Management Resides, Includes Pools and Joint Businesses.</h1> Profits from operating ships or aircraft in international traffic are taxable only in the Contracting State where the enterprise's effective management is located. If a shipping enterprise's management is aboard a ship, it is considered situated in the Contracting State of the ship's home harbor or the operator's residence. These rules also apply to profits from participation in pools, joint businesses, or international operating agencies. 'Operation of ships or aircraft' includes the transportation of persons, mail, livestock, or goods by owners, lessees, or charterers, and ticket sales for such transportation on behalf of other enterprises.
TaxTMI 
TaxTMI 
