Introducing the “In Favour Of” filter in Case Laws.
- ⚖️ Instantly identify judgments decided in favour of the Assessee, Revenue, or Appellant
- 🔍 Narrow down results with higher precision
Try it now in Case Laws →
TaxTMI Login
🚀 New Feature Launched ✕
Just a moment...
Introducing the “In Favour Of” filter in Case Laws.
Try it now in Case Laws →
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Immovable Property Income Taxed Where Located, Excludes Ships and Aircraft; Includes Agriculture and Forestry, Rental Income.</h1> Income from immovable property, including agriculture and forestry, earned by a resident of one Contracting State but situated in the other Contracting State, may be taxed in the State where the property is located. The definition of 'immovable property' is determined by the laws of the State where the property is situated and includes property accessories, livestock, agricultural equipment, and certain rights related to land and natural resources. Ships, boats, and aircraft are excluded from this definition. These provisions apply to income from direct use, rental, or other uses of immovable property, including income from enterprises and independent personal services.
TaxTMI 
TaxTMI 
