Taxation of international air transport profits limited to state of effective management; rentals and related interest counted as such profits. Profits from operating aircraft in international traffic are taxable only in the State of the enterprise's place of effective management; this includes ... Summary
Taxation of international air transport profits limited to state of effective management; rentals and related interest counted as such profits.
Profits from operating aircraft in international traffic are taxable only in the State of the enterprise's place of effective management; this includes incidental bareboat rental profits and interest connected with aircraft operations (with Article 11 not applying to such interest), and extends to participation in pools, joint businesses or international operating agencies.
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