Immovable property taxation: income from property taxed in the State where the property is situated, with defined inclusions. Income derived by a resident of a Contracting State from immovable property situated in the other Contracting State may be taxed in the State where the property is located; immovable property is defined by the law of the situs State to include accessories, agricultural and forestry assets, usufruct, and payments for working mineral deposits, while excluding ships, boats and aircraft. The situs State's taxing right applies to income from direct use, letting or other use, and extends to enterprise property income and property used for independent personal services.