https://www.taxtmi.com/acts?id=18904 Profits from operating ships or aircraft in international traffic by a resident enterprise are taxable only in that State; the same applies to profits from use, maintenance or rental of containers for international transport unless containers are used solely within the other State. Interest on investments integral and directly connected to such operations is treated as operational profits and not subject to separate interest provisions. The exclusive taxing right also covers participation in pools, joint businesses and international operating agencies. en-us Tue, 12 Aug 2014 13:38:59 +0530 Tue, 10 Dec 2024 17:12:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=18904 Profits from operating ships or aircraft in international traffic by a resident enterprise are taxable only in that State; the same applies to profits from use, maintenance or rental of containers for international transport unless containers are used solely within the other State. Interest on investments integral and directly connected to such operations is treated as operational profits and not subject to separate interest provisions. The exclusive taxing right also covers participation in pools, joint businesses and international operating agencies. Act-Rules DTAA Tue, 12 Aug 2014 13:38:59 +0530 https://www.taxtmi.com/acts?id=18904