https://www.taxtmi.com/acts?id=6195 Allocation of taxing rights for capital gains is determined by property type and the alienator's residence or presence. Immovable property situated in a Contracting State may be taxed by that State. Gains from movable property forming part of a permanent establishment or connected with a fixed base may be taxed by the State where that permanent establishment or fixed base is located, including gains from their alienation. Ships and aircraft in international traffic are taxable only in the enterprise's resident State. Shares deriving value from immovable property may be taxed where the immovable property is situated; other share or partnership gains are taxable only in the State of the alienator's residence, if taxable there. en-us Sat, 19 Jan 2008 22:45:54 +0530 Sat, 23 Nov 2024 10:50:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=6195 Allocation of taxing rights for capital gains is determined by property type and the alienator's residence or presence. Immovable property situated in a Contracting State may be taxed by that State. Gains from movable property forming part of a permanent establishment or connected with a fixed base may be taxed by the State where that permanent establishment or fixed base is located, including gains from their alienation. Ships and aircraft in international traffic are taxable only in the enterprise's resident State. Shares deriving value from immovable property may be taxed where the immovable property is situated; other share or partnership gains are taxable only in the State of the alienator's residence, if taxable there. Act-Rules DTAA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=6195