Immovable property taxation: income from property may be taxed where the property is situated under the treaty. Income from immovable property situated in a Contracting State may be taxed in the State where the property is located, including income from agriculture and forestry and income from direct use, letting, or other utilisation. The term immovable property is defined by the law of the State where the property is situated and includes property accessory to land, livestock and equipment used in agriculture and forestry, rights subject to landed property law, usufruct, and rights to payments for working or exploring mineral deposits; ships, boats and aircraft are excluded.
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.
Immovable property taxation: income from property may be taxed where the property is situated under the treaty.
Income from immovable property situated in a Contracting State may be taxed in the State where the property is located, including income from agriculture and forestry and income from direct use, letting, or other utilisation. The term immovable property is defined by the law of the State where the property is situated and includes property accessory to land, livestock and equipment used in agriculture and forestry, rights subject to landed property law, usufruct, and rights to payments for working or exploring mineral deposits; ships, boats and aircraft are excluded.
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