Taxation of immovable property may occur in the State where the property is situated under the DTAA. Income from immovable property is taxable by the Contracting State in which the property is situated. 'Immovable property' is defined by the law of the State where the property lies and includes accessories to land, agricultural and forestry assets, usufruct, and rights to payments for working mineral deposits, but excludes ships and aircraft. The treaty covers income from direct use, letting or other forms of use and extends to enterprise property income and property used to perform 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 may occur in the State where the property is situated under the DTAA.
Income from immovable property is taxable by the Contracting State in which the property is situated. "Immovable property" is defined by the law of the State where the property lies and includes accessories to land, agricultural and forestry assets, usufruct, and rights to payments for working mineral deposits, but excludes ships and aircraft. The treaty covers income from direct use, letting or other forms of use and extends to enterprise property income and property used to perform independent personal services.
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