Income from immovable property may be taxed in the state where the property is located under treaty rules. Income from immovable property is taxable in the State where the property is situated, covering direct use, letting or other use, including agriculture and forestry. Immovable property is defined by the law of the State where located and includes accessories, agricultural livestock and equipment, rights subject to landed property law, usufruct and payments for working mineral deposits and other natural resources; ships, boats and aircraft are excluded. The rule also applies to enterprise property income and 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.
Income from immovable property may be taxed in the state where the property is located under treaty rules.
Income from immovable property is taxable in the State where the property is situated, covering direct use, letting or other use, including agriculture and forestry. Immovable property is defined by the law of the State where located and includes accessories, agricultural livestock and equipment, rights subject to landed property law, usufruct and payments for working mineral deposits and other natural resources; ships, boats and aircraft are excluded. The rule also applies to enterprise property income and property used for independent personal services.
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