https://www.taxtmi.com/acts?id=19008 Profits from operating ships or aircraft in international traffic are taxable only in the enterprise's State of residence. This includes profits from use, maintenance or rental of containers incidental to such operations unless containers are used solely within the other State. Interest on investments integral to the operation is treated as operation-derived profits and excluded from other interest provisions. The same allocation applies to profits from participation in pools, joint businesses or international operating agencies. en-us Wed, 15 Oct 2014 09:34:18 +0530 Wed, 13 Nov 2024 16:09:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=19008 Profits from operating ships or aircraft in international traffic are taxable only in the enterprise's State of residence. This includes profits from use, maintenance or rental of containers incidental to such operations unless containers are used solely within the other State. Interest on investments integral to the operation is treated as operation-derived profits and excluded from other interest provisions. The same allocation applies to profits from participation in pools, joint businesses or international operating agencies. Act-Rules DTAA Wed, 15 Oct 2014 09:34:18 +0530 https://www.taxtmi.com/acts?id=19008