Immovable property taxation: income from property may be taxed in the State where the property is situated. Income from immovable property may be taxed in the Contracting State where the property is situated. Immovable property is defined by the law of that State and includes property accessory to land, livestock and equipment used in agriculture and forestry, rights governed by landed property law and usufruct, but excludes rights to payments for working mineral deposits and excludes ships and aircraft. The provisions apply to income from immovable property of enterprises, and the UN Model further extends application to immovable property used for independent personal services.