Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Income From Immovable Property Taxable in State Where Property is Located; Includes Agriculture, Excludes Ships and Aircraft.</h1> Income derived by a resident of one Contracting State from immovable property located in the other Contracting State may be taxed in that other State. 'Immovable property' includes assets defined by the laws of the property's location, such as property accessory, livestock, equipment for agriculture and forestry, and rights related to mineral deposits. This definition excludes ships, boats, and aircraft. The provisions apply to income from direct use, leasing, or other utilization of immovable property, including income from enterprises and independent personal services involving such property.