Capital gains taxation limited to the state where property is located; shares and ships treated by incorporation or registration. Gains from sale, exchange or transfer of capital assets are taxable only in the Contracting State where the property is situated, subject to the exception ... Summary
Capital gains taxation limited to the state where property is located; shares and ships treated by incorporation or registration.
Gains from sale, exchange or transfer of capital assets are taxable only in the Contracting State where the property is situated, subject to the exception that gains from ships or aircraft are taxable only in the State of registration; shares are deemed situated in the State where the company is incorporated.
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