Air transport profits taxable only in the enterprise's state, including pools, joint businesses and related transport activities. Profits from the operation of aircraft in international traffic are taxable only in the enterprise's State of residence, including profits from participation in pools, joint businesses or international operating agencies; the operation of aircraft covers carriage of passengers, mail, livestock or goods, ticket sales on behalf of others, incidental leases and other activities directly connected with such transportation.
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.
Air transport profits taxable only in the enterprise's state, including pools, joint businesses and related transport activities.
Profits from the operation of aircraft in international traffic are taxable only in the enterprise's State of residence, including profits from participation in pools, joint businesses or international operating agencies; the operation of aircraft covers carriage of passengers, mail, livestock or goods, ticket sales on behalf of others, incidental leases and other activities directly connected with such transportation.
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