https://www.taxtmi.com/acts?id=4595 Profits from operating ships in international traffic are taxable only in the Contracting State of the enterprise's place of effective management, though the other Contracting State may temporarily impose limited taxation during an initial transitional period; this rule also covers participation in pools, joint businesses and international operating agencies. Interest linked to ship operations is treated as shipping income and Article 12 does not apply, and profits include income from use, maintenance or rental of containers and related equipment used in international transport. en-us Sat, 19 Jan 2008 22:45:54 +0530 Fri, 15 Nov 2024 17:24:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=4595 Profits from operating ships in international traffic are taxable only in the Contracting State of the enterprise's place of effective management, though the other Contracting State may temporarily impose limited taxation during an initial transitional period; this rule also covers participation in pools, joint businesses and international operating agencies. Interest linked to ship operations is treated as shipping income and Article 12 does not apply, and profits include income from use, maintenance or rental of containers and related equipment used in international transport. Act-Rules DTAA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=4595