https://www.taxtmi.com/acts?id=45653 Allocation of taxation rights over capital depends on asset type and location: immovable property and rights treated as immovable may be taxed where situated; shares of companies principally holding immovables may be taxed in the State where the immovables are located (excluding immovables used in industrial or commercial operation); movable property of a permanent establishment or fixed base may be taxed where that establishment or base is situated; ships and aircraft in international traffic and related movable property are taxable only in the State of the enterprise's place of effective management; other capital is taxable only in the State of residence. en-us Wed, 23 Oct 2024 12:39:19 +0530 Wed, 23 Oct 2024 12:39:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=45653 Allocation of taxation rights over capital depends on asset type and location: immovable property and rights treated as immovable may be taxed where situated; shares of companies principally holding immovables may be taxed in the State where the immovables are located (excluding immovables used in industrial or commercial operation); movable property of a permanent establishment or fixed base may be taxed where that establishment or base is situated; ships and aircraft in international traffic and related movable property are taxable only in the State of the enterprise's place of effective management; other capital is taxable only in the State of residence. Act-Rules DTAA Wed, 23 Oct 2024 12:39:19 +0530 https://www.taxtmi.com/acts?id=45653