https://www.taxtmi.com/acts?id=5992 Profits from operation of ships or aircraft in international traffic by an enterprise resident in a Contracting State are taxable only in that State, including profits from participation in pools, joint businesses, or international operating agencies. Profits from use, maintenance, or rental of containers used in international transport are also taxable only in the State of residence unless the containers are used solely within the other State. Interest earned incidentally on funds connected with such operations is treated as profits from those operations and not governed by the separate interest provision. en-us Sat, 19 Jan 2008 22:45:54 +0530 Mon, 02 Dec 2024 14:16:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=5992 Profits from operation of ships or aircraft in international traffic by an enterprise resident in a Contracting State are taxable only in that State, including profits from participation in pools, joint businesses, or international operating agencies. Profits from use, maintenance, or rental of containers used in international transport are also taxable only in the State of residence unless the containers are used solely within the other State. Interest earned incidentally on funds connected with such operations is treated as profits from those operations and not governed by the separate interest provision. Act-Rules DTAA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=5992