https://www.taxtmi.com/acts?id=45637 Profits from operating aircraft in international traffic are taxable only in the enterprise's Contracting State; this exclusivity also applies to participation in pools, joint businesses or international operating agencies. Interest connected with aircraft operations is treated as profits from such operations and excluded from separate interest rules. "Operation of aircraft" includes carriage of passengers, mail, livestock or goods by owners, lessees or charterers, sale of tickets on behalf of others, incidental aircraft leases and other activities directly connected with such transportation. en-us Wed, 23 Oct 2024 12:24:44 +0530 Wed, 23 Oct 2024 12:24:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=45637 Profits from operating aircraft in international traffic are taxable only in the enterprise's Contracting State; this exclusivity also applies to participation in pools, joint businesses or international operating agencies. Interest connected with aircraft operations is treated as profits from such operations and excluded from separate interest rules. "Operation of aircraft" includes carriage of passengers, mail, livestock or goods by owners, lessees or charterers, sale of tickets on behalf of others, incidental aircraft leases and other activities directly connected with such transportation. Act-Rules DTAA Wed, 23 Oct 2024 12:24:44 +0530 https://www.taxtmi.com/acts?id=45637