https://www.taxtmi.com/acts?id=5691 Profits from operating ships or aircraft in international traffic are taxable only in the enterprise's Contracting State of residence; this includes carriage of passengers, livestock or goods, income from containers, and incidental interest related to such operations for which Article 11 does not apply. If an enterprise's place of effective management is aboard a ship, it is deemed located in the State of the ship's home harbour or, if none, the State of the operator's residence. The exclusive taxation rule also covers participation in pools, joint businesses and international operating agencies. en-us Sat, 19 Jan 2008 22:45:54 +0530 Thu, 29 Aug 2024 17:16:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=5691 Profits from operating ships or aircraft in international traffic are taxable only in the enterprise's Contracting State of residence; this includes carriage of passengers, livestock or goods, income from containers, and incidental interest related to such operations for which Article 11 does not apply. If an enterprise's place of effective management is aboard a ship, it is deemed located in the State of the ship's home harbour or, if none, the State of the operator's residence. The exclusive taxation rule also covers participation in pools, joint businesses and international operating agencies. Act-Rules DTAA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=5691