https://www.taxtmi.com/acts?id=4352 Profits from operating ships or aircraft in international traffic are taxable only in the enterprise's Contracting State, including profits from pools, joint businesses or international operating agencies; interest linked to such operations is treated as operational profits and Article 11 does not apply. "Profits from the operation" include carriage of passengers, mail, livestock and goods by owners, lessees or charterers and expressly cover ticket sales for others, container use/maintenance/rental, incidental ship or aircraft rentals, and other activities directly connected with international operation. en-us Sat, 19 Jan 2008 22:45:54 +0530 Fri, 13 Sep 2024 18:52:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=4352 Profits from operating ships or aircraft in international traffic are taxable only in the enterprise's Contracting State, including profits from pools, joint businesses or international operating agencies; interest linked to such operations is treated as operational profits and Article 11 does not apply. "Profits from the operation" include carriage of passengers, mail, livestock and goods by owners, lessees or charterers and expressly cover ticket sales for others, container use/maintenance/rental, incidental ship or aircraft rentals, and other activities directly connected with international operation. Act-Rules DTAA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=4352