Common use of AVOIDANCE OF DOUBLE TAXATION Clause in Contracts

AVOIDANCE OF DOUBLE TAXATION. 1. Income derived from the operation of ships or aircraft in international traffic by an enterprise of a Party shall be taxable only in that Party. 2. Gains derived from the alienation of ships or aircraft or movable property pertaining to the operation of ships and aircraft in international traffic by an enterprise of a Party shall be taxable only in that Party. 3. The provisions of paragraphs 1 and 2 shall also apply to income and gains derived by an enterprise of a Party from the participation in a pool, a joint business or an international operating agency.

AVOIDANCE OF DOUBLE TAXATION. ‌ 1. Income derived from the operation of ships or aircraft in international traffic by an enterprise of a Party shall be taxable only in that Party. 2. Gains derived from the alienation of ships or aircraft or movable property pertaining to the operation of ships and aircraft in international traffic by an enterprise of a Party shall be taxable only in that Party. 3. The provisions of paragraphs 1 and 2 shall also apply to income and gains derived by an enterprise of a Party from the participation in a pool, a joint business or an international operating agency.

AVOIDANCE OF DOUBLE TAXATION. 1. Income derived from the operation of ships or aircraft in international traffic by an enterprise of a Party shall be taxable only in that Party. 2. Gains derived from the alienation of ships or aircraft or movable property pertaining to the operation of ships and aircraft in international traffic by an enterprise of a Party shall be taxable only in that Party. 3. The provisions of paragraphs paragraph 1 and 2 shall also apply to income and gains derived by an enterprise of a Party from the participation in a pool, a joint business or an international operating agency.

AVOIDANCE OF DOUBLE TAXATION. 1. Income derived from the operation of ships or aircraft in international traffic by an enterprise of a Party shall be taxable only in that Party. 2. Gains derived from the alienation of ships or aircraft or movable property pertaining to the operation opera- tion of ships and aircraft in international traffic by an enterprise of a Party shall be taxable only in that Party. 3. The provisions of paragraphs 1 and 2 shall also apply to income and gains derived by an enterprise enter- prise of a Party from the participation in a pool, a joint business or an international operating agency.