https://www.taxtmi.com/acts?id=10342 Profits from operation of ships or aircraft in international traffic are taxable only in the enterprise's State of residence. This covers transportation of passengers, goods, mail or livestock; use or rental of containers and related equipment used in international carriage, except where containers are used solely within the other Contracting State; interest directly connected with and incidental to such operations, which is treated as operational profit and excluded from Article 11; and profits from participation in pools, joint businesses or international operating agencies. en-us Sat, 17 Jan 2009 18:33:10 +0530 Mon, 25 Nov 2024 13:16:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=10342 Profits from operation of ships or aircraft in international traffic are taxable only in the enterprise's State of residence. This covers transportation of passengers, goods, mail or livestock; use or rental of containers and related equipment used in international carriage, except where containers are used solely within the other Contracting State; interest directly connected with and incidental to such operations, which is treated as operational profit and excluded from Article 11; and profits from participation in pools, joint businesses or international operating agencies. Act-Rules DTAA Sat, 17 Jan 2009 18:33:10 +0530 https://www.taxtmi.com/acts?id=10342