https://www.taxtmi.com/acts?id=14920 Profits of an enterprise of a Contracting State from operating ships or aircraft in international traffic are taxable only in that State, including profits from use, maintenance or rental of containers used in international carriage, and profits from participation in pools, joint businesses or international operating agencies. Where effective management is aboard a ship, it is treated as located in the State of the ship's home harbour or, if none, the State of the operator's residence. Interest directly connected and integral to such operations is treated as operational profits and excluded from separate interest rules. en-us Tue, 30 Aug 2011 11:39:07 +0530 Mon, 18 Nov 2024 18:15:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=14920 Profits of an enterprise of a Contracting State from operating ships or aircraft in international traffic are taxable only in that State, including profits from use, maintenance or rental of containers used in international carriage, and profits from participation in pools, joint businesses or international operating agencies. Where effective management is aboard a ship, it is treated as located in the State of the ship's home harbour or, if none, the State of the operator's residence. Interest directly connected and integral to such operations is treated as operational profits and excluded from separate interest rules. Act-Rules DTAA Tue, 30 Aug 2011 11:39:07 +0530 https://www.taxtmi.com/acts?id=14920