https://www.taxtmi.com/acts?id=45448 Profits from operation of ships or aircraft in international traffic are taxable only in the enterprise's State of residence; this includes transport receipts for passengers, goods, mail and livestock, participation in pools, joint businesses and international operating agencies. Income from use or rental of containers and related transport equipment used by the enterprise in international traffic is taxable only in the resident State unless such equipment is used solely within the other Contracting State. Interest directly connected with operation, if incidental to the business, is regarded as profits from that operation and excluded from separate interest provisions. en-us Fri, 18 Oct 2024 14:36:51 +0530 Fri, 18 Oct 2024 14:36:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=45448 Profits from operation of ships or aircraft in international traffic are taxable only in the enterprise's State of residence; this includes transport receipts for passengers, goods, mail and livestock, participation in pools, joint businesses and international operating agencies. Income from use or rental of containers and related transport equipment used by the enterprise in international traffic is taxable only in the resident State unless such equipment is used solely within the other Contracting State. Interest directly connected with operation, if incidental to the business, is regarded as profits from that operation and excluded from separate interest provisions. Act-Rules DTAA Fri, 18 Oct 2024 14:36:51 +0530 https://www.taxtmi.com/acts?id=45448