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<h1>Tax Rules for Property Sale Gains: Immovable, Movable, and Shares Explained Under Relevant Sections</h1> Gains from the sale of immovable property by a resident of one Contracting State, located in the other Contracting State, may be taxed in the latter. Gains from movable property related to a business or fixed base in the other State may also be taxed there. Gains from ships or aircraft in international traffic are taxable only in the alienator's resident State. Gains from shares in companies primarily owning immovable property in a State may be taxed there, while other shares may be taxed if they represent at least 10% of the company's capital. Other property gains are taxable only in the alienator's resident State.