Taxation of immovable property: income from property is taxable in the State where the property is situated. Income from immovable property may be taxed by the Contracting State where the property is situated; this includes income from agriculture, forestry, direct use, letting or other forms of use. 'Immovable property' is defined by the law of the State where the property is located and includes property accessories, livestock and equipment used in agriculture and forestry, rights subject to landed property law, usufruct and rights to payments for working or rights to work mineral deposits and other natural resources, while ships, boats and aircraft are excluded. The rule also applies to enterprise income and income 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 is taxable in the State where the property is situated.
Income from immovable property may be taxed by the Contracting State where the property is situated; this includes income from agriculture, forestry, direct use, letting or other forms of use. "Immovable property" is defined by the law of the State where the property is located and includes property accessories, livestock and equipment used in agriculture and forestry, rights subject to landed property law, usufruct and rights to payments for working or rights to work mineral deposits and other natural resources, while ships, boats and aircraft are excluded. The rule also applies to enterprise income and income used for independent personal services.
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