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    <title>SHIPPING AND AIR TRANSPORT</title>
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    <description>Profits from operation of ships or aircraft in international traffic by an enterprise of a Contracting State are taxable only in that State, including receipts from carriage, ticket sales for others, incidental rental, and interest on funds connected with such operations; income from use, maintenance or rental of containers and profits from participation in pools or joint businesses are similarly taxable only in the State of the enterprise, as are gains from alienation of ships, aircraft or containers owned and operated by the enterprise.</description>
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      <description>Profits from operation of ships or aircraft in international traffic by an enterprise of a Contracting State are taxable only in that State, including receipts from carriage, ticket sales for others, incidental rental, and interest on funds connected with such operations; income from use, maintenance or rental of containers and profits from participation in pools or joint businesses are similarly taxable only in the State of the enterprise, as are gains from alienation of ships, aircraft or containers owned and operated by the enterprise.</description>
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      <pubDate>Sat, 19 Jan 2008 22:45:54 +0530</pubDate>
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