https://www.taxtmi.com/acts?id=6252 Profits from operation of aircraft or motor vehicles in international traffic are taxable in the Contracting State of the enterprise, including profits from pools, joint businesses and international operating agencies. Interest connected with such operations is treated as operation profits and Article 11 does not apply. "Operation of aircraft" includes transportation of passengers, mail, livestock or goods, ticket sales on behalf of others, incidental leases and other directly connected activities. Profits from operation of ships are taxable under the Contracting State's domestic law. en-us Sat, 19 Jan 2008 22:45:54 +0530 Fri, 22 Nov 2024 16:20:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=6252 Profits from operation of aircraft or motor vehicles in international traffic are taxable in the Contracting State of the enterprise, including profits from pools, joint businesses and international operating agencies. Interest connected with such operations is treated as operation profits and Article 11 does not apply. "Operation of aircraft" includes transportation of passengers, mail, livestock or goods, ticket sales on behalf of others, incidental leases and other directly connected activities. Profits from operation of ships are taxable under the Contracting State's domestic law. Act-Rules DTAA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=6252