https://www.taxtmi.com/acts?id=5222 Immovable property representing capital and situated in the other Contracting State is taxable in that State. Movable property forming part of business property of a permanent establishment, or movable property pertaining to a fixed base for independent personal services in the other Contracting State, is taxable in that other State. Ships, aircraft and land vehicles operated in international traffic and movable property pertaining to their operation are taxable only in the Contracting State of the enterprise's residence. All other elements of capital are taxable only in the State of residence. en-us Sat, 19 Jan 2008 22:45:54 +0530 Mon, 25 Nov 2024 14:39:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=5222 Immovable property representing capital and situated in the other Contracting State is taxable in that State. Movable property forming part of business property of a permanent establishment, or movable property pertaining to a fixed base for independent personal services in the other Contracting State, is taxable in that other State. Ships, aircraft and land vehicles operated in international traffic and movable property pertaining to their operation are taxable only in the Contracting State of the enterprise's residence. All other elements of capital are taxable only in the State of residence. Act-Rules DTAA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=5222