https://www.taxtmi.com/acts?id=44786 Profits from the operation of ships or aircraft in international traffic are taxable only in the Contracting State of the enterprise; the same rule applies to profits from the use, maintenance or rental of containers used in international traffic. If effective management of a shipping enterprise is aboard a ship, it is deemed situated in the State of the ship's home harbour or, if none, the State of the operator's residence. Interest directly connected with such operations is regarded as operating profits when integral to the business, and participation in pools or joint businesses is similarly covered. en-us Wed, 16 Oct 2024 15:03:55 +0530 Tue, 22 Oct 2024 13:25:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=44786 Profits from the operation of ships or aircraft in international traffic are taxable only in the Contracting State of the enterprise; the same rule applies to profits from the use, maintenance or rental of containers used in international traffic. If effective management of a shipping enterprise is aboard a ship, it is deemed situated in the State of the ship's home harbour or, if none, the State of the operator's residence. Interest directly connected with such operations is regarded as operating profits when integral to the business, and participation in pools or joint businesses is similarly covered. Act-Rules DTAA Wed, 16 Oct 2024 15:03:55 +0530 https://www.taxtmi.com/acts?id=44786