https://www.taxtmi.com/acts?id=18977 Profits from operation of ships or aircraft in international traffic are taxable only in the Contracting State where the enterprise's place of effective management is located; if that place is aboard a ship it is deemed to be in the State of the ship operator's residence. The same rule applies to participation in pools or joint operating agencies. Use, maintenance or rental of containers incidental to international transport is taxable only in the State of effective management unless containers are used solely within the other State. Interest integral to such operations is treated as operational profits and not subject to general interest provisions. en-us Fri, 12 Sep 2014 13:43:22 +0530 Tue, 05 Nov 2024 17:49:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=18977 Profits from operation of ships or aircraft in international traffic are taxable only in the Contracting State where the enterprise's place of effective management is located; if that place is aboard a ship it is deemed to be in the State of the ship operator's residence. The same rule applies to participation in pools or joint operating agencies. Use, maintenance or rental of containers incidental to international transport is taxable only in the State of effective management unless containers are used solely within the other State. Interest integral to such operations is treated as operational profits and not subject to general interest provisions. Act-Rules DTAA Fri, 12 Sep 2014 13:43:22 +0530 https://www.taxtmi.com/acts?id=18977