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<h1>Income from immovable property in another state can be taxed there; includes agriculture, excludes ships and aircraft.</h1> Income derived by a resident of one Contracting State from immovable property located in the other Contracting State may be taxed in the latter. 'Immovable property' is defined according to the laws of the State where the property is located and includes property accessory to immovable property, agricultural and forestry equipment, and rights related to natural resources. Ships and aircraft are excluded. The provisions apply to income from direct use, leasing, or other uses of immovable property, including income from such property used by enterprises or for independent personal services.