https://www.taxtmi.com/acts?id=4442 Profits from operating aircraft in international traffic are taxable only in the enterprise's State, including profits from pools, joint businesses or international operating agencies. This exclusivity also covers offices or agencies in the other State only for activities directly connected with aircraft operation. Interest related to aircraft operation is treated as profits from that operation and Article 12 on interest does not apply. "Operation of aircraft" includes carriage of passengers, mail, livestock or goods, ticket sales for others, incidental leases and other directly connected activities. en-us Sat, 19 Jan 2008 22:45:54 +0530 Tue, 22 Oct 2024 11:40:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=4442 Profits from operating aircraft in international traffic are taxable only in the enterprise's State, including profits from pools, joint businesses or international operating agencies. This exclusivity also covers offices or agencies in the other State only for activities directly connected with aircraft operation. Interest related to aircraft operation is treated as profits from that operation and Article 12 on interest does not apply. "Operation of aircraft" includes carriage of passengers, mail, livestock or goods, ticket sales for others, incidental leases and other directly connected activities. Act-Rules DTAA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=4442