Income from immovable property may be taxed where the property is situated, including agricultural and mineral rights. Income 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 State in which the property is situated and includes accessories, livestock and equipment used in agriculture and forestry, rights subject to landed property law, usufruct, and payments for working mineral deposits; ships, boats, motor vehicles and aircraft are excluded. The rule applies to direct use, letting or other forms of use and extends to enterprise income and to income used for independent personal services.
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.
Income from immovable property may be taxed where the property is situated, including agricultural and mineral rights.
Income 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 State in which the property is situated and includes accessories, livestock and equipment used in agriculture and forestry, rights subject to landed property law, usufruct, and payments for working mineral deposits; ships, boats, motor vehicles and aircraft are excluded. The rule applies to direct use, letting or other forms of use and extends to enterprise income and to income used for independent personal services.
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