https://www.taxtmi.com/acts?id=4679 Profits from operating ships in international traffic are taxable only in the enterprise's Contracting State, subject to a transitional limited right of the other Contracting State to tax such profits for specified fiscal years. The rule also covers profits from participation in pools, joint businesses or international operating agencies, and treats interest connected with ship operations as shipping profits excluded from Article 12. en-us Sat, 19 Jan 2008 22:45:54 +0530 Tue, 19 Nov 2024 16:19:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=4679 Profits from operating ships in international traffic are taxable only in the enterprise's Contracting State, subject to a transitional limited right of the other Contracting State to tax such profits for specified fiscal years. The rule also covers profits from participation in pools, joint businesses or international operating agencies, and treats interest connected with ship operations as shipping profits excluded from Article 12. Act-Rules DTAA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=4679