https://www.taxtmi.com/acts?id=44849 Profits from operation of ships or aircraft in international traffic are taxable only in the enterprise's Contracting State; profit includes income from use, maintenance or rental of containers when incidental to such operations. Interest on bank accounts (excluding term deposits) directly connected to those operations is treated as profits from the operation and Article 11 does not apply. The exclusive taxation rule also covers profits from participation in a pool, a joint business or an international operating agency. en-us Wed, 16 Oct 2024 15:52:39 +0530 Tue, 22 Oct 2024 15:10:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=44849 Profits from operation of ships or aircraft in international traffic are taxable only in the enterprise's Contracting State; profit includes income from use, maintenance or rental of containers when incidental to such operations. Interest on bank accounts (excluding term deposits) directly connected to those operations is treated as profits from the operation and Article 11 does not apply. The exclusive taxation rule also covers profits from participation in a pool, a joint business or an international operating agency. Act-Rules DTAA Wed, 16 Oct 2024 15:52:39 +0530 https://www.taxtmi.com/acts?id=44849