https://www.taxtmi.com/acts?id=4818 Profits derived by an enterprise from the operation of ships or aircraft in international traffic are taxable only in the State of which the enterprise is a resident; this rule covers participation in pools, joint businesses and international operating agencies, treats interest connected with such operations as operational profits excluded from the separate interest article, and defines operation to include transportation of passengers, mail, livestock or goods, ticket sales, incidental leasing and other directly connected activities. en-us Sat, 19 Jan 2008 22:45:54 +0530 Thu, 05 Mar 2009 13:42:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=4818 Profits derived by an enterprise from the operation of ships or aircraft in international traffic are taxable only in the State of which the enterprise is a resident; this rule covers participation in pools, joint businesses and international operating agencies, treats interest connected with such operations as operational profits excluded from the separate interest article, and defines operation to include transportation of passengers, mail, livestock or goods, ticket sales, incidental leasing and other directly connected activities. Act-Rules DTAA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=4818