https://www.taxtmi.com/acts?id=23469 Profits from operation of ships or aircraft in international traffic, including full time, voyage or bareboat rentals, are taxable only in the enterprise's State. Income from use, maintenance or rental of containers and related equipment is similarly taxable only in that State, except where such containers are used solely for transport within the other Contracting State. Interest directly connected with the operation of ships or aircraft is treated as operational profits and the separate interest provision does not apply. en-us Tue, 17 Jan 2017 10:03:22 +0530 Thu, 14 Nov 2024 16:45:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=23469 Profits from operation of ships or aircraft in international traffic, including full time, voyage or bareboat rentals, are taxable only in the enterprise's State. Income from use, maintenance or rental of containers and related equipment is similarly taxable only in that State, except where such containers are used solely for transport within the other Contracting State. Interest directly connected with the operation of ships or aircraft is treated as operational profits and the separate interest provision does not apply. Act-Rules DTAA Tue, 17 Jan 2017 10:03:22 +0530 https://www.taxtmi.com/acts?id=23469