https://www.taxtmi.com/acts?id=19344 Income from operation of ships or aircraft in international traffic is taxable exclusively in the Contracting State of which the enterprise is a resident. Income from use, maintenance or rental of containers used for international transport is likewise taxable only in that State unless containers are used solely within the other State. A shipping enterprise whose effective management is aboard a ship is deemed managed in the State of the ship's home harbour or, lacking that, the operator's State of residence. Interest connected with such operations is treated as income from international traffic, and profits from pools or joint operations fall under the same rule. en-us Fri, 20 Mar 2015 16:15:24 +0530 Wed, 13 Nov 2024 16:37:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=19344 Income from operation of ships or aircraft in international traffic is taxable exclusively in the Contracting State of which the enterprise is a resident. Income from use, maintenance or rental of containers used for international transport is likewise taxable only in that State unless containers are used solely within the other State. A shipping enterprise whose effective management is aboard a ship is deemed managed in the State of the ship's home harbour or, lacking that, the operator's State of residence. Interest connected with such operations is treated as income from international traffic, and profits from pools or joint operations fall under the same rule. Act-Rules DTAA Fri, 20 Mar 2015 16:15:24 +0530 https://www.taxtmi.com/acts?id=19344