Taxation of immovable property: income from property located in another Contracting State may be taxed by that State. Income from immovable property situated in a Contracting State may be taxed in the State where the property is located. Immovable property is defined by the law of the State where the property lies and includes accessories, agricultural and forestry assets, rights related to landed property, options to acquire land, usufruct and rights to payments for working or exploiting mineral, seabed and sub-soil resources; ships, boats and aircraft are excluded. The source-State taxing right covers direct use, letting or other forms of use and applies to enterprise property income 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 from property located in another Contracting State may be taxed by that State.
Income from immovable property situated in a Contracting State may be taxed in the State where the property is located. Immovable property is defined by the law of the State where the property lies and includes accessories, agricultural and forestry assets, rights related to landed property, options to acquire land, usufruct and rights to payments for working or exploiting mineral, seabed and sub-soil resources; ships, boats and aircraft are excluded. The source-State taxing right covers direct use, letting or other forms of use and applies to enterprise property income and to property used for independent personal services.
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