https://www.taxtmi.com/acts?id=4388 Capital gains are allocated by reference to property type and residence: immovable property is taxable where situated; gains tied to a permanent establishment or fixed base may be taxed where that business presence exists; disposals of ships or aircraft in international traffic are taxable only in the alienator's residence; shares deriving principally from immovable property may be taxed where the property is situated; substantial-share disposals may be taxed in the company's State; other gains remain taxable only in the alienator's State of residence. en-us Sat, 19 Jan 2008 22:45:54 +0530 Wed, 06 Nov 2024 14:20:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=4388 Capital gains are allocated by reference to property type and residence: immovable property is taxable where situated; gains tied to a permanent establishment or fixed base may be taxed where that business presence exists; disposals of ships or aircraft in international traffic are taxable only in the alienator's residence; shares deriving principally from immovable property may be taxed where the property is situated; substantial-share disposals may be taxed in the company's State; other gains remain taxable only in the alienator's State of residence. Act-Rules DTAA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=4388