https://www.taxtmi.com/acts?id=16746 Profits from the operation of ships or aircraft in international traffic are taxable only in the enterprise's State; container use, maintenance or rental income used in international traffic is likewise taxable only in the resident State unless containers are used solely in the other State. Interest on investments integral to such operations is treated as operation profits and is excluded from separate interest provisions. The exclusive taxing rule also covers participation in pools, joint businesses and international operating agencies engaged in international traffic. en-us Tue, 31 Jul 2012 11:38:12 +0530 Sat, 16 Nov 2024 12:33:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=16746 Profits from the operation of ships or aircraft in international traffic are taxable only in the enterprise's State; container use, maintenance or rental income used in international traffic is likewise taxable only in the resident State unless containers are used solely in the other State. Interest on investments integral to such operations is treated as operation profits and is excluded from separate interest provisions. The exclusive taxing rule also covers participation in pools, joint businesses and international operating agencies engaged in international traffic. Act-Rules DTAA Tue, 31 Jul 2012 11:38:12 +0530 https://www.taxtmi.com/acts?id=16746