Income from immovable property may be taxed in the state where the property is situated, subject to local definition. Income from immovable property may be taxed in the Contracting State where the property is situated; this includes income from agriculture and forestry and income from direct use, letting or any other form of use. Immovable property is defined by the law of the State where the property is located and includes accessories, livestock and equipment used in agriculture and forestry, rights subject to landed property law, usufruct and payments for working mineral deposits and other natural resources; ships, boats, aircraft and motor vehicles are excluded. The rule also covers 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 situated, subject to local definition.
Income from immovable property may be taxed in the Contracting State where the property is situated; this includes income from agriculture and forestry and income from direct use, letting or any other form of use. Immovable property is defined by the law of the State where the property is located and includes accessories, livestock and equipment used in agriculture and forestry, rights subject to landed property law, usufruct and payments for working mineral deposits and other natural resources; ships, boats, aircraft and motor vehicles are excluded. The rule also covers enterprise property income and property used for independent personal services.
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