https://www.taxtmi.com/acts?id=45103 Profits from operation of ships and aircraft in international traffic are taxable only in the enterprise's Contracting State of residence; similarly, income from use, maintenance or rental of containers used in international traffic is taxable only in the resident State except where containers are used solely within the other State. Interest on investments directly connected and integral to such operations is treated as operational profits and excluded from separate interest provisions. The rule also applies to profits from participation in pools, joint businesses or international operating agencies. en-us Thu, 17 Oct 2024 14:34:07 +0530 Tue, 22 Oct 2024 11:53:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=45103 Profits from operation of ships and aircraft in international traffic are taxable only in the enterprise's Contracting State of residence; similarly, income from use, maintenance or rental of containers used in international traffic is taxable only in the resident State except where containers are used solely within the other State. Interest on investments directly connected and integral to such operations is treated as operational profits and excluded from separate interest provisions. The rule also applies to profits from participation in pools, joint businesses or international operating agencies. Act-Rules DTAA Thu, 17 Oct 2024 14:34:07 +0530 https://www.taxtmi.com/acts?id=45103