https://www.taxtmi.com/acts?id=14997 Profits from operating ships or aircraft in international traffic are taxable only in the enterprise's Contracting State of residence. Income from use, maintenance or rental of containers incidental to such international operations is similarly taxable only in the resident State unless the containers are used solely within the other Contracting State. Interest integral to the operation of ships or aircraft is treated as operational profits and excluded from separate interest provisions. The exclusive residence taxation rule also covers participation in pools, joint businesses and international operating agencies related to international transport. en-us Tue, 30 Aug 2011 12:28:10 +0530 Tue, 26 Nov 2024 16:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=14997 Profits from operating ships or aircraft in international traffic are taxable only in the enterprise's Contracting State of residence. Income from use, maintenance or rental of containers incidental to such international operations is similarly taxable only in the resident State unless the containers are used solely within the other Contracting State. Interest integral to the operation of ships or aircraft is treated as operational profits and excluded from separate interest provisions. The exclusive residence taxation rule also covers participation in pools, joint businesses and international operating agencies related to international transport. Act-Rules DTAA Tue, 30 Aug 2011 12:28:10 +0530 https://www.taxtmi.com/acts?id=14997