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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Taxation of Gains from Property Sales: Immovable Property Taxed Locally, Movable Property Taxed at Business Establishment Location</h1> Gains from the sale of immovable property can be taxed in the state where the property is located. Gains from selling movable property tied to a business's permanent establishment or fixed base in another state may be taxed in that other state. However, gains from a state enterprise selling ships or aircraft in international traffic are taxable only in that state. Gains from selling other types of property, not covered in previous sections, are taxable only in the resident's state.
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