https://www.taxtmi.com/acts?id=4709 Profits from operating ships or aircraft in international traffic are taxable only in the Contracting State of the enterprise's place of effective management. If that place is aboard a ship, it is deemed to be in the State of the ship's home harbour or, lacking a home harbour, the State of the operator's residence. Interest connected with such operations is treated as transport profits and Article 11 does not apply. The rule also extends to profits from participation in pools, joint businesses or international operating agencies. en-us Sat, 19 Jan 2008 22:45:54 +0530 Wed, 20 Nov 2024 14:27:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=4709 Profits from operating ships or aircraft in international traffic are taxable only in the Contracting State of the enterprise's place of effective management. If that place is aboard a ship, it is deemed to be in the State of the ship's home harbour or, lacking a home harbour, the State of the operator's residence. Interest connected with such operations is treated as transport profits and Article 11 does not apply. The rule also extends to profits from participation in pools, joint businesses or international operating agencies. Act-Rules DTAA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=4709