Income from immovable property may be taxed in the State where the property is situated under DTAA provisions. Income from immovable property located in a Contracting State may be taxed in that State. The term 'immovable property' is defined by the law of the State where the property is situated and includes accessories, livestock and equipment used in agriculture and forestry, rights subject to landed property law, usufruct and payments for exploitation of mineral deposits and other natural resources; ships, boats and aircraft are excluded. The rule covers income from direct use, letting or other use, and applies to enterprises and to property used in 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 DTAA provisions.
Income from immovable property located in a Contracting State may be taxed in that State. The term "immovable property" is defined by the law of the State where the property is situated and includes accessories, livestock and equipment used in agriculture and forestry, rights subject to landed property law, usufruct and payments for exploitation of mineral deposits and other natural resources; ships, boats and aircraft are excluded. The rule covers income from direct use, letting or other use, and applies to enterprises and to property used in independent personal services.
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