https://www.taxtmi.com/acts?id=44947 Article 13 allocates taxing rights over capital gains: immovable property gains may be taxed in the State where the property is situated; gains from disposal of business property of a permanent establishment or of a fixed base may be taxed in the State where that establishment or base is located; absent paragraph 2, gains from alienation of shares of a company resident in the other State may be taxed there; gains from ships or aircraft in international traffic and other property not covered by paragraphs 1-4 remain taxable only in the resident State. MLI Article 9(4) permits taxation by the other State where shares derive more than 50 percent of their value from immovable property. en-us Wed, 16 Oct 2024 17:20:02 +0530 Tue, 22 Oct 2024 14:50:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=44947 Article 13 allocates taxing rights over capital gains: immovable property gains may be taxed in the State where the property is situated; gains from disposal of business property of a permanent establishment or of a fixed base may be taxed in the State where that establishment or base is located; absent paragraph 2, gains from alienation of shares of a company resident in the other State may be taxed there; gains from ships or aircraft in international traffic and other property not covered by paragraphs 1-4 remain taxable only in the resident State. MLI Article 9(4) permits taxation by the other State where shares derive more than 50 percent of their value from immovable property. Act-Rules DTAA Wed, 16 Oct 2024 17:20:02 +0530 https://www.taxtmi.com/acts?id=44947