Taxation of immovable property: income may be taxed in the State where the property is situated. Income from immovable property may be taxed in the Contracting State where the property is situated. 'Immovable property' is defined by the law of the State where the property is located and includes accessories, agricultural and forestry livestock and equipment, usufruct, and rights to payments for working mineral deposits and other natural resources, but excludes ships and aircraft. The rule covers income from direct use, letting or any other form of use and applies to 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: income may be taxed in the State where the property is situated.
Income from immovable property may be taxed in the Contracting State where the property is situated. 'Immovable property' is defined by the law of the State where the property is located and includes accessories, agricultural and forestry livestock and equipment, usufruct, and rights to payments for working mineral deposits and other natural resources, but excludes ships and aircraft. The rule covers income from direct use, letting or any other form of use and applies to enterprises and to property used for independent personal services.
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