https://www.taxtmi.com/acts?id=18173 Capital taxation is allocated by asset type and use: immovable property situated in the other Contracting State may be taxed there; movable property forming part of a permanent establishment or pertaining to a fixed base used for independent personal services may be taxed in the State of that establishment or base; ships and aircraft operated in international traffic and their operational movable property are taxable only in the enterprise's State; all other elements of a resident's capital are taxable only in the State of residence. en-us Thu, 13 Feb 2014 12:16:32 +0530 Tue, 25 Nov 2025 16:58:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=18173 Capital taxation is allocated by asset type and use: immovable property situated in the other Contracting State may be taxed there; movable property forming part of a permanent establishment or pertaining to a fixed base used for independent personal services may be taxed in the State of that establishment or base; ships and aircraft operated in international traffic and their operational movable property are taxable only in the enterprise's State; all other elements of a resident's capital are taxable only in the State of residence. Act-Rules DTAA Thu, 13 Feb 2014 12:16:32 +0530 https://www.taxtmi.com/acts?id=18173