Air transport income taxable only in the enterprise's State, covering pools, related interest, ticket sales and charter leases. Income from operating aircraft in international traffic is taxable only in the Contracting State of the enterprise, and this rule applies to ... Summary
Air transport income taxable only in the enterprise's State, covering pools, related interest, ticket sales and charter leases.
Income from operating aircraft in international traffic is taxable only in the Contracting State of the enterprise, and this rule applies to participations in pools. Interest on funds connected with such operations is treated as income from the operation. "Operation of aircraft" includes air transport of persons, livestock, goods or mail by owners, lessees or charterers, sale of tickets on behalf of others, incidental charter leases and other activities directly connected with that transportation.
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