https://www.taxtmi.com/acts?id=14964 Profits from operating ships or aircraft in international traffic are taxable only in the Contracting State of residence; this exclusivity also covers participation in pools, joint businesses, and international operating agencies. Place of effective management aboard a ship is deemed in the State of the ship's home harbour or the operator's residence if no home harbour exists. Container use, maintenance or rental profits are taxable only in the resident State unless containers are used solely within the other State. Interest integral to such operations is treated as operational profits and not governed by the separate interest provision. en-us Tue, 30 Aug 2011 12:01:13 +0530 Tue, 17 Dec 2024 17:11:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=14964 Profits from operating ships or aircraft in international traffic are taxable only in the Contracting State of residence; this exclusivity also covers participation in pools, joint businesses, and international operating agencies. Place of effective management aboard a ship is deemed in the State of the ship's home harbour or the operator's residence if no home harbour exists. Container use, maintenance or rental profits are taxable only in the resident State unless containers are used solely within the other State. Interest integral to such operations is treated as operational profits and not governed by the separate interest provision. Act-Rules DTAA Tue, 30 Aug 2011 12:01:13 +0530 https://www.taxtmi.com/acts?id=14964