https://www.taxtmi.com/acts?id=4678 Profits from operating aircraft in international traffic are taxable only in the enterprise's Contracting State, including profits from participation in pools, joint businesses or international operating agencies. Interest connected with aircraft operations is treated as such profits and is not subject to separate interest provisions. "Operation of aircraft" covers carriage of passengers, mail, livestock and goods, ticket sales on behalf of others, incidental aircraft leases and other activities directly connected with transportation. en-us Sat, 19 Jan 2008 22:45:54 +0530 Tue, 19 Nov 2024 16:18:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=4678 Profits from operating aircraft in international traffic are taxable only in the enterprise's Contracting State, including profits from participation in pools, joint businesses or international operating agencies. Interest connected with aircraft operations is treated as such profits and is not subject to separate interest provisions. "Operation of aircraft" covers carriage of passengers, mail, livestock and goods, ticket sales on behalf of others, incidental aircraft leases and other activities directly connected with transportation. Act-Rules DTAA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=4678