https://www.taxtmi.com/acts?id=4608 Capital taxation is allocated by asset type and location: immovable property situated in a Contracting State may be taxed in that State; movable property forming part of a permanent establishment's business property or pertaining to a fixed base used for independent personal services may be taxed in the State where that PE or fixed base is located; ships, aircraft in international traffic and inland waterways boats and related movable property are taxable only in the State of residence; all other capital of a resident is taxable only in the State of residence. en-us Sat, 19 Jan 2008 22:45:54 +0530 Fri, 15 Nov 2024 18:21:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=4608 Capital taxation is allocated by asset type and location: immovable property situated in a Contracting State may be taxed in that State; movable property forming part of a permanent establishment's business property or pertaining to a fixed base used for independent personal services may be taxed in the State where that PE or fixed base is located; ships, aircraft in international traffic and inland waterways boats and related movable property are taxable only in the State of residence; all other capital of a resident is taxable only in the State of residence. Act-Rules DTAA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=4608