https://www.taxtmi.com/acts?id=51420 Capital taxation allocates taxing rights by asset type: immovable property situated in a Contracting State may be taxed there; movable property forming part of business property of a permanent establishment or pertaining to a fixed base used for independent personal services may be taxed in the State where that establishment or fixed base is located; capital represented by ships or aircraft in international traffic and related movable property is taxable only in the State of residence. The Model leaves taxation of other elements of capital either to the State of residence or to bilateral negotiation. en-us Thu, 22 May 2025 12:14:59 +0530 Tue, 27 May 2025 12:13:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=51420 Capital taxation allocates taxing rights by asset type: immovable property situated in a Contracting State may be taxed there; movable property forming part of business property of a permanent establishment or pertaining to a fixed base used for independent personal services may be taxed in the State where that establishment or fixed base is located; capital represented by ships or aircraft in international traffic and related movable property is taxable only in the State of residence. The Model leaves taxation of other elements of capital either to the State of residence or to bilateral negotiation. Act-Rules DTAA Thu, 22 May 2025 12:14:59 +0530 https://www.taxtmi.com/acts?id=51420