https://www.taxtmi.com/acts?id=43952 The treaty allocates taxing rights for capital gains by asset type and situs: immovable property situated in the other Contracting State may be taxed there; gains from movable property of a permanent establishment or fixed base may be taxed where that establishment or base is located; ships and aircraft in international traffic are taxable only in the alienator's State of residence; disposals of shares principally representing immovable property may be taxed in the State where the immovable property is situated; other share disposals in a resident company may be taxed in the company's State; remaining gains are taxable only in the alienator's State of residence. en-us Wed, 28 Aug 2024 12:54:47 +0530 Wed, 28 Aug 2024 12:54:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=43952 The treaty allocates taxing rights for capital gains by asset type and situs: immovable property situated in the other Contracting State may be taxed there; gains from movable property of a permanent establishment or fixed base may be taxed where that establishment or base is located; ships and aircraft in international traffic are taxable only in the alienator's State of residence; disposals of shares principally representing immovable property may be taxed in the State where the immovable property is situated; other share disposals in a resident company may be taxed in the company's State; remaining gains are taxable only in the alienator's State of residence. Act-Rules DTAA Wed, 28 Aug 2024 12:54:47 +0530 https://www.taxtmi.com/acts?id=43952