Immovable property taxation: income may be taxed in the State where the property is located, including agricultural rights. Income from immovable property of a resident may be taxed in the State where the property is situated; 'immovable property' is defined by local law and includes accessories, livestock and equipment used in agriculture and forestry, landed-property rights, usufruct, and payments for working mineral deposits and other natural resources (excluding ships, boats and aircraft). The rule applies to income from direct use, letting or other use, and extends to enterprise income and immovable property used for independent personal services.