https://www.taxtmi.com/acts?id=8342 Profits from operating ships or aircraft in international traffic are taxable only in the enterprise's State of residence; if a shipping enterprise's effective management is aboard a ship, it is deemed located in the State of the ship's home harbor or the operator's State of residence. Profits from use, maintenance or rental of containers for international traffic are taxable only in the resident State unless used solely within the other Contracting State; the exclusive taxation rule also covers participation in pools, joint businesses or international operating agencies. en-us Sun, 10 Feb 2008 21:47:33 +0530 Fri, 15 Nov 2024 15:55:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=8342 Profits from operating ships or aircraft in international traffic are taxable only in the enterprise's State of residence; if a shipping enterprise's effective management is aboard a ship, it is deemed located in the State of the ship's home harbor or the operator's State of residence. Profits from use, maintenance or rental of containers for international traffic are taxable only in the resident State unless used solely within the other Contracting State; the exclusive taxation rule also covers participation in pools, joint businesses or international operating agencies. Act-Rules DTAA Sun, 10 Feb 2008 21:47:33 +0530 https://www.taxtmi.com/acts?id=8342