https://www.taxtmi.com/notifications?id=142795 Income and profits of an air transport enterprise of one Contracting State from operation of air transport in international traffic are exempt from tax in the other Contracting State; this exemption covers participation in pools or joint operations and includes rentals or leases of aircraft and ground equipment, training, management services and interest directly connected with aircraft operations. Salaries and allied remuneration of employees who belong to an air transport enterprise of one State and are citizens of the other State are also exempt from all taxes and specified social payments. The Agreement prescribes definitions, notification of tax law changes, a mutual agreement procedure for interpretive difficulties, entry into force following diplomatic exchange, and termination by advance notice. en-us Tue, 29 Dec 1992 00:00:00 +0530 Wed, 18 Dec 2024 14:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=142795 Income and profits of an air transport enterprise of one Contracting State from operation of air transport in international traffic are exempt from tax in the other Contracting State; this exemption covers participation in pools or joint operations and includes rentals or leases of aircraft and ground equipment, training, management services and interest directly connected with aircraft operations. Salaries and allied remuneration of employees who belong to an air transport enterprise of one State and are citizens of the other State are also exempt from all taxes and specified social payments. The Agreement prescribes definitions, notification of tax law changes, a mutual agreement procedure for interpretive difficulties, entry into force following diplomatic exchange, and termination by advance notice. Notifications Income Tax Tue, 29 Dec 1992 00:00:00 +0530 https://www.taxtmi.com/notifications?id=142795