https://www.taxtmi.com/notifications?id=22288 The agreement directs that domestic law give effect to its provisions and designates the taxes covered, including later substantially similar taxes, subject to mutual notification of significant changes. It defines a Contracting State enterprise as a designated airline and ''operation of aircraft'' broadly to include carriage, ticket sales, incidental leases and related activities. Profits from operation of aircraft in international traffic, including participation in pools, joint businesses or international operating agencies, and interest connected with such operations, are exempt from tax in the other Contracting State. The treaty enters into force on signature and continues indefinitely subject to a specified termination notice regime. en-us Thu, 01 Jan 1987 00:00:00 +0530 Fri, 31 Jan 2025 09:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=22288 The agreement directs that domestic law give effect to its provisions and designates the taxes covered, including later substantially similar taxes, subject to mutual notification of significant changes. It defines a Contracting State enterprise as a designated airline and ''operation of aircraft'' broadly to include carriage, ticket sales, incidental leases and related activities. Profits from operation of aircraft in international traffic, including participation in pools, joint businesses or international operating agencies, and interest connected with such operations, are exempt from tax in the other Contracting State. The treaty enters into force on signature and continues indefinitely subject to a specified termination notice regime. Notifications Income Tax Thu, 01 Jan 1987 00:00:00 +0530 https://www.taxtmi.com/notifications?id=22288