https://www.taxtmi.com/acts?id=16816 Capital gains are taxed according to the nature and location of the property: gains from alienation of immovable property located in the other Contracting State may be taxed there; gains from movable property of a permanent establishment or fixed base may be taxed where that establishment or base is situated; gains from ships or aircraft in international traffic are taxable only in the alienator's State of residence; shares principally deriving value from immovable property may be taxed in the State where the immovable property is situated; other shares may be taxed in the company's State of residence; remaining gains are taxable only in the alienator's State of residence. en-us Tue, 31 Jul 2012 13:03:12 +0530 Wed, 27 Nov 2024 13:10:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=16816 Capital gains are taxed according to the nature and location of the property: gains from alienation of immovable property located in the other Contracting State may be taxed there; gains from movable property of a permanent establishment or fixed base may be taxed where that establishment or base is situated; gains from ships or aircraft in international traffic are taxable only in the alienator's State of residence; shares principally deriving value from immovable property may be taxed in the State where the immovable property is situated; other shares may be taxed in the company's State of residence; remaining gains are taxable only in the alienator's State of residence. Act-Rules DTAA Tue, 31 Jul 2012 13:03:12 +0530 https://www.taxtmi.com/acts?id=16816