Taxation of immovable property: income from property situated in a State may be taxed in that State under DTS provisions. Income from immovable property situated in a Contracting State may be taxed by that State; 'immovable property' is defined by the law of the State where the property is located (excluding ships, boats, aircraft and road vehicles) and includes accessories, livestock and equipment used in agriculture and forestry, rights subject to landed property rules, usufructs and rights to payments for working or rights to work mineral deposits and other natural resources; the rule applies to direct use, letting or any other form of use and 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 from property situated in a State may be taxed in that State under DTS provisions.
Income from immovable property situated in a Contracting State may be taxed by that State; "immovable property" is defined by the law of the State where the property is located (excluding ships, boats, aircraft and road vehicles) and includes accessories, livestock and equipment used in agriculture and forestry, rights subject to landed property rules, usufructs and rights to payments for working or rights to work mineral deposits and other natural resources; the rule applies to direct use, letting or any other form of use and to enterprises and to property used for independent personal services.
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