https://www.taxtmi.com/acts?id=4532 Profits of an enterprise registered and effectively managed in a Contracting State from operating ships or aircraft in international traffic are taxable only in that State; this includes transport of passengers, mail, livestock and goods, ticket sales, activities directly connected with transportation, and rental incidental to such transportation. Use, maintenance or rental of containers connected with international traffic, participation in pools or joint operations, interest on funds connected with such operations treated as profits, and gains on alienation of ships, aircraft or containers are likewise taxable only in that State. en-us Sat, 19 Jan 2008 22:45:54 +0530 Thu, 05 Mar 2009 13:40:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=4532 Profits of an enterprise registered and effectively managed in a Contracting State from operating ships or aircraft in international traffic are taxable only in that State; this includes transport of passengers, mail, livestock and goods, ticket sales, activities directly connected with transportation, and rental incidental to such transportation. Use, maintenance or rental of containers connected with international traffic, participation in pools or joint operations, interest on funds connected with such operations treated as profits, and gains on alienation of ships, aircraft or containers are likewise taxable only in that State. Act-Rules DTAA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=4532