Capital gains taxation may be exercised by each contracting state, subject to air and shipping exceptions. Capital gains taxation under Article 14 permits each Contracting State to tax gains in accordance with its domestic law, subject to the exceptions in Articles 8 and 9 concerning air transport and shipping; the provision preserves national taxing competence over capital gains while deferring to the treaty's separate rules for gains linked to international air and maritime operations.
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.
Capital gains taxation may be exercised by each contracting state, subject to air and shipping exceptions.
Capital gains taxation under Article 14 permits each Contracting State to tax gains in accordance with its domestic law, subject to the exceptions in Articles 8 and 9 concerning air transport and shipping; the provision preserves national taxing competence over capital gains while deferring to the treaty's separate rules for gains linked to international air and maritime operations.
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