https://www.taxtmi.com/acts?id=18238 Profits from the operation of ships or aircraft in international traffic are taxable only in the Contracting State where the enterprise's place of effective management is situated; if that place is aboard a ship, it is deemed to be in the State of the ship's registration or, if none, the State of the operator's residence. Income from containers used in international transport is taxable only in the enterprise's State. Interest directly connected and incidental to such operations is treated as operational profits, and the place-of-management rule also applies to pools, joint businesses and international operating agencies. en-us Sun, 23 Mar 2014 14:53:28 +0530 Wed, 28 Aug 2024 15:49:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=18238 Profits from the operation of ships or aircraft in international traffic are taxable only in the Contracting State where the enterprise's place of effective management is situated; if that place is aboard a ship, it is deemed to be in the State of the ship's registration or, if none, the State of the operator's residence. Income from containers used in international transport is taxable only in the enterprise's State. Interest directly connected and incidental to such operations is treated as operational profits, and the place-of-management rule also applies to pools, joint businesses and international operating agencies. Act-Rules DTAA Sun, 23 Mar 2014 14:53:28 +0530 https://www.taxtmi.com/acts?id=18238