Taxation of immovable property: source state may tax income from property located within its territory. Income from immovable property situated in a Contracting State may be taxed in that State; immovable property is defined by local law and includes accessories, agricultural livestock and equipment, landed-property rights, usufruct and rights to payments for working mineral deposits and other natural resources, but excludes ships, boats and aircraft. The rule applies to income from direct use, letting or other use, and extends to income of enterprises and to property used for 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.
Taxation of immovable property: source state may tax income from property located within its territory.
Income from immovable property situated in a Contracting State may be taxed in that State; immovable property is defined by local law and includes accessories, agricultural livestock and equipment, landed-property rights, usufruct and rights to payments for working mineral deposits and other natural resources, but excludes ships, boats and aircraft. The rule applies to income from direct use, letting or other use, and extends to income of enterprises and to property used for independent personal services.
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