https://www.taxtmi.com/acts?id=16856 Profits from operation of ships or aircraft in international traffic are taxable in the enterprise's State, with a contracting State allowed to tax income from foreign enterprises engaged in its territory subject to a statutory tax reduction; container rental income incidental to international operations is taxable only in the enterprise's State of residence unless used solely in the other State; interest integral to shipping or air operations is treated as operational profits and excluded from separate interest provisions; participation in pools, joint businesses or international operating agencies is likewise covered by the source-state rule. en-us Fri, 03 Aug 2012 18:33:21 +0530 Mon, 02 Sep 2024 14:11:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=16856 Profits from operation of ships or aircraft in international traffic are taxable in the enterprise's State, with a contracting State allowed to tax income from foreign enterprises engaged in its territory subject to a statutory tax reduction; container rental income incidental to international operations is taxable only in the enterprise's State of residence unless used solely in the other State; interest integral to shipping or air operations is treated as operational profits and excluded from separate interest provisions; participation in pools, joint businesses or international operating agencies is likewise covered by the source-state rule. Act-Rules DTAA Fri, 03 Aug 2012 18:33:21 +0530 https://www.taxtmi.com/acts?id=16856