https://www.taxtmi.com/acts?id=45381 Profits from operation of ships in international traffic by an enterprise of a Contracting State are taxable only in that State and include carriage receipts, charter or rental of ships incidental to transportation, rental of containers and related equipment, and gains on alienation of ships, containers and related equipment; interest connected with ship operations is treated as shipping profits and Article 11 does not apply, with these provisions also covering participation in pools, joint businesses or international operating agencies. en-us Fri, 18 Oct 2024 12:57:34 +0530 Fri, 18 Oct 2024 12:57:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=45381 Profits from operation of ships in international traffic by an enterprise of a Contracting State are taxable only in that State and include carriage receipts, charter or rental of ships incidental to transportation, rental of containers and related equipment, and gains on alienation of ships, containers and related equipment; interest connected with ship operations is treated as shipping profits and Article 11 does not apply, with these provisions also covering participation in pools, joint businesses or international operating agencies. Act-Rules DTAA Fri, 18 Oct 2024 12:57:34 +0530 https://www.taxtmi.com/acts?id=45381